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Old 11-14-2012, 08:30 PM   #8
dcramer
5th Gear Member
 
Join Date: Nov 2010
Location: Orangeville
Posts: 1,155
well you can certainly do SP for a while and then incorporate after you have some money.

Well gray area deductions are exactly that. CRA has an aggressive version of their code, accountants have another. Just be reasonable.

One thing that I do do is my one car is owned by the corp so all repairs and gas are deductable as well as GST on purchase.

Dave
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