Whether you are starting or looking to grow your business, the business structure you choose can have a massive impact on your profits and tax situation.
Join a representative from Loren Nancke Chartered Professional Accountants and learn accounting essentials, responsibilities and dates involved with managing a small business. You’ll discover the deductions available to you, the tax benefits of each structure and discuss when it’s time for your small business to incorporate.
What Will I Learn?
The differences between sole proprietorships, partnerships and corporations
The tax implications of each structure
What the CRA considers taxable income
Hiring subcontractors versus employees
Situations where you can claim tax deductions on automobile or home office costs
The different financial statements and information required in each
Small Business BC’s webinars are delivered online via Zoom. All webinar participants will receive access to a recording for seven days after the live session. For instructions on how to optimize your Zoom setup, click here.
The BEST presenter and confidence, Knowledgeable, relatable instructor!Webinar Attendee, Mehrnaz R.
Instructor made very easy to understand what he wanted to teach.Webinar Attendee, Maria F.
Presenter was excellent, very knowledgeable, tailored scenarios to us as attendees and was funny!Fern M.
Everything! The instructor spoke at a good pace, had relevant handouts to reduce needing to take as many notes, answered questions along the way.Seminar Attendee, Erin S.
Excellent information presented in a way that everyone could follow. I was so impressed.Seminar Attendee, Jorden H.
Starting your own small business can be daunting. It's important to set yourself up properly from the beginning and understanding the impact of taxes is essential. Great class. Donna M.
Session Date & Time
October 19 at 1:00 PM to 4:00 PM
Length: 3 Hours
Subject: Accounting, Financial Management
This course is also offered on the following dates:
We respectfully acknowledge our place of work is within the ancestral, traditional and unceded territories of the Xʷməθkʷəy̓əm (Musqueam), Sḵwx̱wú7mesh (Squamish) and səl̓ilwətaʔɬ/sel̓ílwitulh (Tsleil-Waututh) and that we serve the Peoples of the many Nations throughout British Columbia.