Glazier CPA

  Should I Incorporate?  Disclaimer: all information provided is meant for discussion, education or opinion purposes only and is not intended as professional advice.     There's a long running belief that I run into, which is that to start a business you need to start a corporation. This isn't necessarily true, although it is often a good idea. What most people lack is an understanding of their basic options in Canada, so I want to go into a straightforward analysis of each form of business in Canada and the pros and cons of each. Starting a business can be as simple as just saying that you are now a sole proprietor and looking for clients and customers. From a legal perspective there's not much to do; maybe you want to register a business name and make some initially optional registrations with Canada Revenue Agency for GST/HST and payroll (if you have staff). Your municipality might need you to buy a business license but that is usually restricted t...

Is Bitcoin in a Bubble? Disclaimer: all information provided is meant for discussion, education or opinion purposes only and is not intended as professional advice.   Let's talk about bubbles. Clearly I have Bitcoin on my mind, and I wish I had posted this a couple days ago before this happened so I could seem like a genius. Of course you could have replied with this and told me I'm a fool. In any case, I really want to put in my two cents about these fevers and bubbles. Speculative bubbles form all the time, and we as a society keep doing the same things over and over again and then are surprised when the floor eventually falls out. I think there's a word for that somewhere but I can't remember it... Why do bubbles keep happening? I'm not a psychologist, sociologist or economist (I'm an accountant) but I think we need to remember one simple fact: the bubble is great if you get in early and leave before the end. We tend to think of things...