Should you incorporate your business, or stick with a sole proprietorship? In this episode, Tré and Sierra unpack what a corporation really is, how it works, and why it’s one of the most powerful wealth-building tools available to Canadians. Tré explains the real advantages—legal protection, tax efficiency, and control over income timing—while also calling out the pitfalls that sink small business owners who treat their corporations like personal piggy banks. Whether you’re a freelancer, prof...
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Should you incorporate your business, or stick with a sole proprietorship? In this episode, Tré and Sierra unpack what a corporation really is, how it works, and why it’s one of the most powerful wealth-building tools available to Canadians. Tré explains the real advantages—legal protection, tax efficiency, and control over income timing—while also calling out the pitfalls that sink small business owners who treat their corporations like personal piggy banks. Whether you’re a freelancer, prof...
Ep. 16 | Why Most Canadians Miss Out on Free Money Through RDSPs
Plain English Finance
27 minutes
1 month ago
Ep. 16 | Why Most Canadians Miss Out on Free Money Through RDSPs
https://www.rdsp.com/calculator/ - Link Most Canadians eligible for the RDSP have never opened one. That’s a costly mistake. In this episode, Tré breaks down why the Registered Disability Savings Plan is one of the most powerful but underused tools available to Canadians with disabilities. If you or someone you care about qualifies for the Disability Tax Credit, this account could be life-changing. Even with zero personal contributions, low-income Canadians can receive up to $20,000 from the ...
Plain English Finance
Should you incorporate your business, or stick with a sole proprietorship? In this episode, Tré and Sierra unpack what a corporation really is, how it works, and why it’s one of the most powerful wealth-building tools available to Canadians. Tré explains the real advantages—legal protection, tax efficiency, and control over income timing—while also calling out the pitfalls that sink small business owners who treat their corporations like personal piggy banks. Whether you’re a freelancer, prof...
