Timeline for Can my own corporation deduct my expenses even if I am a full time employee?
Current License: CC BY-SA 3.0
8 events
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Sep 20, 2013 at 15:24 | vote | accept | Victor123 | ||
Sep 20, 2013 at 15:17 | history | edited | Chris W. Rea | CC BY-SA 3.0 |
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Sep 20, 2013 at 15:07 | comment | added | Chris W. Rea | You would be considered both an employee and a contractor, yes. But you need to keep your income & expenses for each separate. | |
Sep 20, 2013 at 15:07 | answer | added | Chris W. Rea | timeline score: 4 | |
Sep 20, 2013 at 15:07 | comment | added | Victor123 | If I am employed full time and do side jobs through my corporation, then I am still contractor and FT at the same time. No? | |
Sep 20, 2013 at 14:47 | comment | added | John Bensin | I don't know how the law works in Canada, but I would be very surprised if you could write off restaurant bills as business expenses if they don't relate to your work. Your question seems to imply that you intend to write off all these expenses. Also, if you're employed full time by a company and aren't a contractor anymore, why would you be able to continue writing off contracting expenses? You're not a contractor. | |
Sep 20, 2013 at 14:45 | history | edited | John Bensin | CC BY-SA 3.0 |
deleted 2 characters in body; edited tags; edited title
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Sep 20, 2013 at 14:28 | history | asked | Victor123 | CC BY-SA 3.0 |