WE-CAN: Is Incorporation Right for You?

Date

Wednesday February 3, 2021
5:00 am - 6:00 am

Location

Virtual Workshop
Event Category

Miss the workshop? Watch the recording.


About this Event

What are the benefits of incorporating? And when is the best time to incorporate?

Join Cara Chesney Mitchell CPA, CA of MNP in Kingston for a virtual, 1-hour session covering the advantages of incorporating, whether it’s the right choice for you, and what you should consider before you make the leap.

The decision to incorporate is not an easy choice; the set-up cost runs anywhere from a few hundred dollars to a few thousand. And if you’re at the early stages of growth, you’re assessing every pro and con of incorporating your business.

In this workshop, Cara will examine and discuss:

  • The advantages and disadvantages of incorporation
  • The impact of incorporation on overall taxes
  • What deferring personal tax means for your income
  • How to maximize the flexibility it gives you in tax, remuneration, and retirement planning.

NOTE: Attendees will be emailed a Zoom link to the online session by separate email prior to the event.

The WE-CAN Project is committed to providing universal access to all of our events. Please contact Kerry Ramsay at  kerry.ramsay@queensu.ca if you have accessibility requirements as soon as possible as advance notice is necessary to arrange for some accessibility needs.

ABOUT THE PRESENTER:

Cara Chesney, CPA, CA, is a Partner with MNP in Kingston. She works with her clients one-on-one to provide tax compliance and planning advice, guiding them on achieving their business goals best.

Cara holds a Bachelor of Commerce degree (Honours) from Queen's University. She is passionate about contributing to the profession and is an adjunct professor at the Smith School of Business and an instructor with CPA Ontario.

She works with a wide range of local businesses and individuals, providing insight into maximizing tax opportunities. An integral part of her work involves gaining an in-depth understanding of all aspects of her clients' operations, their industries and the environment in which they operate to tailor advice and solutions to meet their unique needs.

Cara listens closely to best answer client's questions and clearly explain the tax implications and issues in a practical and meaningful way, so they understand the options and feel confident in their decision-making process.

ABOUT THE WE-CAN PROJECT:

The WE-CAN Project is led by Queen’s University and supported by the Government of Canada. Its mission is to inspire and empower existing and aspiring women entrepreneurs by providing them with tools, resources, expert mentors, networks and community building to expand existing businesses and to launch new ventures.

The Government of Canada, through FedDev Ontario’s Women Entrepreneurship Strategy (WES) Ecosystem Fund is providing $3.2 million for Queen’s University to design and deliver programs and services to accelerate, train, mentor and provide resources to women entrepreneurs and women-led companies in the community.

The focus of the WES strategy is to provide support to women entrepreneurs from diverse and underrepresented groups.