Should I operate as a sole proprietorship or incorporate?
Compares sole proprietorship and incorporation across liability, taxes, and filing duties under federal, Ontario, and Alberta law to help you decide.
Topic
Tax & GST/HST
Registration thresholds, dividends and income splitting, and the tax consequences that follow the structure you pick.
How do I get a business number and CRA program accounts after incorporating?
How incorporating in Ontario, Alberta, or federally triggers your CRA Business Number and which accounts you must still register yourself.
Can I run a business from home?
Running a business from home is generally allowed federally, but Ontario and Alberta each require checking municipal zoning by-laws first.
What's the difference between an asset sale and a share sale when buying a business?
Compares how asset sales and share sales differ in tax treatment, GST/HST, and employee continuity under Canadian federal and provincial rules.
What's the difference between an employee and an independent contractor?
Explains how CRA, Ontario, and Alberta determine employee versus independent contractor status, and why contract labels don't control the outcome.
When do I have to register for GST/HST?
GST/HST registration is a federal CRA rule triggered at $30,000 in revenue; Ontario and Alberta follow the same threshold.
Should my spouse own shares in my company?
Compares tax, liability, and family law effects of giving your spouse shares under federal TOSI rules and Ontario/Alberta property division.
What is a partnership?
Defines a partnership in Ontario and Alberta law and explains how the Income Tax Act taxes partners federally.