Most Business Owners Are Filing This Wrong (Are You?)
Quick question: Are you expensing everything in your corporation… including things like:• Incorporation/legal fees• Equipment purchases• Large startup costs If yes — there’s a good chance your tax return isn’t set up correctly. I see this all the time:People either over-expense (risking CRA issues) or under-claim (overpaying tax). Comment “CHECK” and I’ll tell you one thing to review in your last return.