Personal Finance Canada

I think a lot of people incorporate when they don't need to. If you are working for one client, why would you absolutely have to incorporate? If you have appropriate insurance in place, that's a god awful amount of work to do for kinda questionable reasons. It can act as a tax deferral, but you gotta pay it at some point. And people's incomes mostly go up, so unless you are like >57 years old, I've never really bought the income deferral argument. The integration will get you on dividends. So what's the point?

Just my two cents. Not saying it's right, but for simple self employment, yeah I've never fully understood...