Tax Planning for Business owners or Self Employed

by in Tax Advice Information and Updates
Self-employed people are usually those that wear all the hats in their business, work very hard and are their own boss.  Business owners are people who own and manage a business and have hired and surrounded themselves with smart, competent people.  Everyone who is self-employed should look at making the transition and what it takes to be a business owner. 

The Self-employed and Business Owner both have a great edge in tax planning over the employed.   They get to deduct expenses from their income and pay less tax later, whereas the employed do not get to deduct expenses from their income and have to pay tax on every paycheque.
Rate this blog entry:
0
KD PROFESSIONAL is a group of interconnected companies offering a wide range of financial, accounting and tax services to individuals and businesses across Canada. Through our experienced staff and strategic alliances, we provide exemplary service and solutions to maximize your cash flow, while preserving Wealth.

Comments

  • No comments made yet. Be the first to submit a comment

Leave your comment

Guest
Guest Wednesday, 28 June 2017
Subscribe

If you have a question about one of our products or services, please do not hesitate to contact us!
Please Enter Your Name
Please Enter A Valid Email
Please Enter Your Phone Number
Please select your preferred method of contact.
Refresh Please letters shown!

KD Professional Services
Monday-Friday 9am- 5pm
102, 221 18th Street SE
Calgary, AB, T2E 6J5

403-219-0602
403-219-0603

Read our Tweets