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Category: 2020

2020 / Life lessons / Random thoughts

2020 comes to a close

Saying 2020 has been an “interesting” year has become a bit of a cliché. And that phrase is much like the curse: “May you live in interesting times”. One thing …

2020 / Self Employment / Small business / Tax

Incorporating Your problems – Keep this in mind (Last Part 4 of 4)

Continuing on from the previous 3 posts, same caveat. This is the final chapter. Some people incorporate thinking that “they” (whoever “they” is) won’t be able to touch their assets. …

2020 / Self Employment / Small business / Tax

Incorporating Your Problems – Part 3 of 4 – Taxation.

Still the same disclaimer as Part 1. First point: Corporations pay tax. Second point: CORPORATIONS PAY TAX I don’t care that your landscaper or sanitation engineer told you if you …

2020 / Self Employment / Small business / Tax

Incorporating Your Problems – Part 2 of 4: Dates to remember

Same disclaimer as before – memorize it. A corporation can have a fiscal and tax year-end that is any time in the first 12 months of operation. The due date …

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