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!

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Connect with Murtaza for a Free Tax Consultation:

Phone: +1 6472432884
Email: [email protected]
Services: https://instaccountant.com/tax_accoun...


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 selfemployed 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 circumstances.