How to Write Off Business Expenses for Small Business and Contractors - Explained by Accountant

Instaccountant
Instaccountant
524 بار بازدید - 9 ماه پیش - If you're a small business
If you're a small business owner in Canada, you don't want to miss this video. I'm going to show you the best tax deductions that you can claim in 2024 to lower your taxable income and pay less taxes. It doesn't matter if you're a sole proprietor, a partnership, or a corporation, these tax deductions apply to all types of business structures in Canada. You'll also learn how to track your expenses and receipts, and how to avoid common tax pitfalls that could get you in trouble with the CRA. This video is packed with valuable information that could save you thousands of dollars on your tax bill, so make sure you watch it till the end! ► Other videos you may like: Claiming CRA Motor Vehicle Expenses Deduction in Canada    • How to Write off Car Expenses for You...   How to Deduct Meals and Entertainment Expenses in 2024    • How to Write off Business Meals and E...   How to Write off Business Travel Expenses Deduction    • ACCOUNTANT EXPLAINS: Business Travel ...   ---------------------------------------------------------------------------------- Zoombooks is an expense tracking and bookkeeping app that helps you manage your tax deductible business expenses. You can easily capture your receipts with your mobile camera and store them securely in the cloud. Zoombooks also helps you track your fuel consumption and tax deductions. Whether you are a freelancer, a small business owner, or an self employed, Zoombooks can save you time and money. Download Zoombooks for free and start tracking your expenses today! linktr.ee/zoombooks.app ---------------------------------------------------------------------------------- Connect with Murtaza for a Free Tax Consultation: 📞 Phone: +1 647-243-2884 📧 Email: [email protected] 🌐 Services: instaccountant.com/tax_accountants_for_start_ups_a… ----------------------------------------------------------------------------------- 🕒 TIMESTAMP 0:00 Intro 1:31 #1: Write off Business Meals 2:04 #2: Write off Business Travel 5:44 #3: Write off Vehicle Expenses 6:50 #4: Write off Business Insurance 7:16 #5: Write off Home Office Expenses 9:33 #6: Write off Phone and Internet Charges 9:55 #7: Business Interest and Bank Fees 12:46 #8: Write off Depreciation (CCA) 13:56 #9: Write off Professional Service Fees 14:19 #10: Write off Salaries and Benefits 14:52 #11: Write off Charitable Donations 15:26 #12: Write off Child Expenses 15:51 #13: Energy Efficiency Expenses 17:20 #14: Property Tax Deduction 17:47 #15: Write off Mortgage Interest 18:17 #16: Write off Moving Expenses 19:05 #17: RRSP/TFSA Contributions 19:15 #18: Write off Advertising Expenses 19:33 #19: Write off Entertainment Costs 20:12 #20: Write off Startup Expenses ----------------------------------------------------------------------------------- About the Publisher: Hi, I'm Murtaza, a seasoned accountant passionate about simplifying Canadian taxes. Whether you're a Canadian small business owner or any self-employed individual, I'm here to empower you with financial knowledge and help you maximize your tax savings in Canada. Disclaimer: This video is for educational purposes only and does not constitute financial, investment, tax, or legal advice. Always consult a professional for personalized guidance tailored to your specific circumstan
9 ماه پیش در تاریخ 1402/09/23 منتشر شده است.
524 بـار بازدید شده
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