Forming a corporation can provide the protection and tax savings that will give you peace of mind and enable you to be more successful and profitable.
A properly formed corporation will provide personal liability protection to the owners or shareholders of the corporation for any debt or liability incurred by the business. The personal liability of the shareholders will typically be limited to the amount of money invested in the corporation.
This type of business structure can allow for significant tax savings. You can benefit from tax advantages by increasing the number of allowable deductions, enabling you to lower the amount of tax you pay on the income of the business.
We are happy to discuss your individual requirements and undertake a proper risk assessment thus enabling you to decide on the best way forward for your business. Our assessment will indicate the most beneficial tax arrangements available to you and help you to make sensible choices about how you can minimize your commercial risks.
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Running your own business can be challenging so why not let TaxAssist Advisors manage your tax, accounting, bookkeeping and payroll needs? If you are not receiving the service you deserve from your advisor, then perhaps it’s time to make the switch?
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Changing accounting firm is easier than you might think. There are no tax implications and you can switch at any time in the year and our team will guide you through the process for a smooth transition.