Epsiode 51! Today we spoke to Shannon Konsmo a CPA from Whitecourt, Alberta. Shannon was a wealth of knowledge and we really enjoyed talking to her and learning about the ins and outs of taxes. In this episode we talked about: What is the difference between sole Proprietorship vs incorporated companies? When people should incorporate as a business and why it is and isn’t a good idea to do it when starting a business. What are some little tricks business owners can do to save money on their income, and the difference between paying yourself in dividends vs having a salary as well the benefits for each one. We talked about the most common mistakes people make when it comes to tax season and things people most commonly forget to claim. If you are looking for an accountant or someone to help you with taxes check out Shannon at: Whitecourtcpa.com and if you are someone who has an interesting financial topic to share feel free to email us at [email protected] or find us on FB or Instagram.