Should You Incorporate? Sole Proprietorship vs. Corporation (A CPA Explains)

Are you wondering whether you should stay as a sole proprietor or incorporate your business? Choosing the right business structure is one of the most important financial decisions you’ll make, impacting your taxes, liability, and growth. In this video, The Money CPA breaks down the key differences between a Sole Proprietorship and a Corporation in Canada, including tax implications, liability protection, startup costs, and when it actually makes sense to make the switch.