wallacewang.ca
Region: CA
Thursday 04 June 2026 01:10:15 GMT
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Dirks :
great idea, save on taxes by giving up your 150k job to start a failing company...
2026-06-04 23:32:17
150
Sunith Varkey :
As an accountant, I can tell you, this is good advice. He didn't explain it fully, but the concept is solid.
2026-06-04 23:33:04
73
JabroniBruh :
Everyone thinks they can just give financial advice huh
2026-06-04 21:12:13
24
MR. Surge :
I’m gonna quit my job because you SAID SO. 😂
2026-06-04 20:31:39
29
Learning_Finance_Rachel🇨🇦 :
What T4 couple is bringing in 250-300k??!! I’m doing the wrong job either way clearly… 😳😳
2026-06-06 02:19:21
16
Mk :
starting a business is easy making it profitable and successful is extremely challenging. Hence more people stay away from it.
2026-06-05 05:19:36
8
taurus401 :
And having a business will allow you to write off so much
2026-06-04 05:13:49
15
Amsg22 :
But you make it sound like its easy to start a business. But there also a chance of financial lose this way as well.
2026-06-04 20:10:22
8
Rajiv Singh :
what side hustle tho?
2026-08-03 00:35:57
0
Domican21 :
What if your a double T4 and one of you is a business owner
2026-06-04 21:58:50
0
U :
bro if i can do a side business and make 1000/mo id do it asap, i cant
2026-07-07 06:54:52
0
Talgivon :
What if we are spouses running a business and get t4 from the business
2026-06-05 21:36:05
1
Amus :
I have done this for a decade and it works
2026-06-09 06:25:09
1
Mista Chin :
cra protects businesses so they can employ more tax paying citizens!!
2026-06-05 03:35:57
1
Amy C :
He’s right.. maybe not the salary levels lol! Tax preparer for almost 40 years. Keep your jobs so you are still contributing to CPP and EI and can contribute to Rrsp but also have a side job.
2026-06-07 11:54:52
0
Anna :
True 100% T4 and Business 💖
2026-06-04 09:32:14
3
PT :
what are some good business ideas for a dual t4 income family ?
2026-06-04 13:39:53
1
Chilla-T :
Can not agree with this at all why would I start a business to lose money and you’re also not mentioning that you suddenly become a bigger target of the CRA who now will probably run an audit on you to confirm those losses
2026-06-05 13:13:06
1
mokokolord :
do we have to register the business or something?
2026-06-04 23:38:28
0
Bryan Phan :
what about commissions worker?
2026-06-04 19:40:36
0
🇨🇦 Rod 🇨🇦 :
Just like start a "lawn mowing" small Co. Put the $1000 lawn mower receipt+gas+phone+etc as expenses, and $100 as income (for example)
2026-06-06 22:31:37
0
loonatixgonemad :
What about single people? What do you suggest to reduce taxes?
2026-07-29 03:06:10
0
lalyonnaise74 :
Thank you for the advice
2026-06-04 23:53:15
0
Janna Mae :
But if that business is a corporation and shared ownership how can we leverage any losses?
2026-06-06 03:27:46
0
diamondcartel_co :
Wow
2026-06-04 14:23:15
0
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