Is This the Year You Should Switch From Sole Proprietor to a Corporation ?
There are a lot of good reasons for getting your taxes done as early as possible instead of waiting for the deadline. Many times your Toronto accountant can be instrumental in giving you some good tax tips based on your last year’s tax situation. It could be that this year would be a good year for you to switch your business from a sole proprietorship to a Corporation. However, if this is the case then the sooner you do it the better. If you leave doing your taxes until the deadline then you are just postponing the advantages that these types of tax tips could bring you.