There are several major planning items that need to be considered before and after incorporating a farm business. If you have consulted your Collins Barrow advisor and decided incorporation is right for you, gaining an up-to-date understanding of these issues is the best way to ensure your corporation is set up correctly. This infographic offers a refresher on the most important aspects or incorporation, helping your business devise the most optimal tax strategy.
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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.