7150 Hawthorne Dr. Unit 104
Windsor, ON, N8T 3N3
Phone: (519) 974-6688
Toll Free: +1 866-973-4846
Fax: (519) 974-7192
Lawyers, accountants, doctors, dentists, chiropractors, etc will need to answer the following question:
Should I incorporate my practice?
The Myths
The Spender Myth: "There is no benefit because I spend all of my money."
The Saver Myth: "It is only a tax deferral, I will eventually have to pay the tax."
Personal Tax Rates: taxable income of $103,000+
Ordinary Income - 46.4%
Dividends - 31.3%
Capital Gains - 23.2%
Tax Rates (Corporate)
Small business rate on first $200,000 annual income:
2003 - 19%
2005 - 17%
Keeping the Benefit
Opportunity for $500,000 capital gain exemption on sale of shares. Opportunity for multiple will planning to avoid probate.
The contents of this website do not constitute an offer or solicitation for residents in the United States or in any other jurisdiction where either Seguin Financial Group and/ or Sterling Mutuals is not registered or permitted to conduct business. Mutual funds provided through Sterling Mutuals Inc. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus carefully before investing. Mutual funds are not guaranteed, their values fluctuate frequently, and past performance may not be repeated.
Insurance products, and other related financial services are provided by Seguin Financial Group as independent insurance agents, and are not the business of, or monitored by Sterling Mutuals Inc.
For more information, click on the following: Legal Information, Privacy Policy and Client Complaint Procedures.
