starting a small business
Dear Madam or Sir, I'm about to open a private tattoo studio in my main residence (a free extra room that my landlord approved to be used commercially for this purpose). I have two questions regarding current Quebec laws ( I live in Montreal). 1. What tax advantages would it have for me to directly register as a sole proprietorship, even though I'm just starting out? 2. How exactly am I deducting my start-up costs from 2022, a year I haven't made income yet from this new endeavor? I'm looking forward to hearing back from you. Kind regards. Zora Lenz
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