All Questions
3
questions
3
votes
1
answer
110
views
Can I write off (deduct) expenses in a period where my corporation makes no money?
Let us say I have a small corporation in Ontario, Canada and I am an IT contractor through the corporation.
There is a one month gap between contracts, which means I don't earn anything in that time....
- 16k
2
votes
2
answers
94
views
How to choose a year end date for your Ontario small business corporation?
While opening a small business corporation in Ontario, how do you select a proper year end date? Is it a random date ?
Or are there guidelines to it?
- 16k
8
votes
1
answer
7k
views
How to pay myself as a single person corporation in Ontario? Should I get an accountant?
I'm an IT contractor and required in some of my contracts to have a corporation. I created my corporation, opened a corporate account and have been collecting income for about 6 months now...
... I ...
- 275