I work as a freelancer in the Animation world.
My job title is called: Layout Artist (we are the guys that draw the backgrounds for cartoon shows)
I am hired as a freelancer but my current company does my taxes. Which means I am paid every 2 weeks like an employee without any benefits. I also work from home (it's part of the job). This means I use my own resources such as: electricity, internet, hydro, water, etc. I assume as a corporate, I would be able to get tax advantages from using my own resources, including rent.
My knowledge of corporations is quite low and my time is occupied. Besides, I am sure there are many great Accountants such as yourself that can do this task much more efficiently than myself :)
I would like to find out if I could open a corporation and receive tax advantages. And if so, which type is right for me as an individual. I would like all that information researched, organized and summarized. Including costs. advantages and disadvantages. Any additional...