I named my Sole Proprietorship a fictional brand name rather than my own... will this be an issue when filling taxes on a T1 form?
I filled for a sole proprietorship in January of 2018 when I first launched my E-commerce business. I named the sole proprietorship a brand name rather than putting in my own name. I am now starting to file my 2018 taxes for my sole proprietorship, will the name I put for my sole proprietorship effect my taxes?
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1 Best answer
taxnano
New Member
Oct 30, 2019 7:14:07 PM
The name should have no bearing, however you should keep it consistent going forward by using the same name as last year.. Being a sole proprietor, CRA is still going to address by your birth name especially if the company name is not registered.
1 Replies
taxnano
New Member
Oct 30, 2019 7:14:07 PM
The name should have no bearing, however you should keep it consistent going forward by using the same name as last year.. Being a sole proprietor, CRA is still going to address by your birth name especially if the company name is not registered.