Straight comparisons of the decisions Canadian business owners face
Incorporate or stay a sole proprietor? Salary or dividends? RRSP or TFSA? Each page leads with the verdict, then shows the trade-offs side by side.
Incorporation vs sole proprietorship in Canada
The two ways to structure a Canadian business, compared on the factors that actually change the outcome — tax deferral, personal liability, ongoing cost and what happens to early losses.
Read the comparisonAccountant vs bookkeeper: what’s the difference?
The two roles are routinely confused and are not interchangeable. Here is what each one does, what only a CPA can do, and which one your business needs first.
Read the comparisonSalary vs dividends for owner-managers in Canada
How an owner-manager takes money out of their corporation, compared on the factors that actually differ — because the combined tax bill usually does not.
Read the comparisonCPA vs tax preparer: which do you need?
Anyone in Canada can charge to prepare a tax return. Here is what the CPA designation actually adds, and when a straightforward return genuinely does not need one.
Read the comparisonRRSP vs TFSA: which should you use first?
Both shelter investment growth from tax. They differ on when you get the break — and that difference decides which one to fill first.
Read the comparisonIn-house vs outsourced accounting for small business
Whether to hire an accounting person or engage a firm, compared on true cost, breadth of expertise, and what happens when the person handling your books is away.
Read the comparisonWant the answer for your numbers?
These pages give the general rule. A 30-minute call gives you the answer for your actual situation.