Many small-business owners in B.C. consider incorporating as their businesses grow. While corporations pay higher fees and face more involved reporting requirements than sole proprietorships do ...

A controversial and confusing rule for small businesses is back in effect after a surprise court ruling on Dec. 23, and that ...

While some people feel that a corporation enhances the image of a small business, one disadvantage is the potential double taxation: The corporation must pay taxes on its net income, and ...

Although both structures offer liability protections, LLCs are best for tax flexibility and corporations are ideal for raising capital. Many, or all, of the products featured on this page are from ...

A special form of corporation that allows the protection of limited liability but direct flow-through of profits and losses The S corporation is often more attractive to small-business owners than ...

But along with forming an LLC, filing annual reports for a corporation, or filing business tax returns, now there's a new one ...

Small business owners should not forget about a rule that requires them to register with an agency called the Financial ...

He said small business owners should not "be a victim ... through pledges to cap corporation tax at 25%, make the business rates system fairer, and to publish a business tax roadmap so that ...

Jan. 1, 2025, was the deadline to comply with this rule that treated small business owners like financial criminals. It forced anyone with an entity, even solo-business owners with LLCs, ...