3.75 (46 reviews)
☑ Save money on the taxes they pay - legally!
☑ Save time preparing their tax returns
☑ Save money on your accountant as you will automatically use effective systems to more efficiently process your tax return
Having a home based business brings with it tax advantages that employees don't receive. Unfortunately most small business owners are unaware of all the tax saving opportunities their businesses give them.
Resist the urge to shove your completed tax return into a drawer. It could help you save money next spring.
Taxpayers and tax professionals are focused on the deadline for federal income tax returns and payments.
Indeed, the IRS received 147.1 million individual income tax returns, the most recent data available. It issued more than 96 million tax refunds, delivering an average check of $2,762.
Presented by a Canadian expert, the strategies apply worldwide, but always consult your own accountant.
In this course, you will discover:
Deductible Home Office Expenses
Deductible Business Expenses
Deductible Travel Expenses
Deductible Vehicle Expenses
And much more...
Among the lessons taught in the course are lectures explaining why you can’t use "Business-use-of-home" expenses to produce a financial loss. In other words, your "Business-use-of-home" expenses can’t be greater than your company's income. (However, you can use any expense you aren’t able to deduct the next tax year, as long as you still meet the "Business-use-of-home" expenses requirements.)
Get out your pen and paper, you are about to learn how your business can save you a small fortune in taxes. Join today!
Who is Dwayne
Home Office Expenses
Self-employed vs Employed
Dealing with Losses
Types of expenses
Group 1 Expenses: Communications
Group 2 Expenses: Travel
Group 3 Expenses: Rent, Insurance, Licenses
Group 4 Expenses: Advertising and Marketing
Group 5 Expenses: Salaries, Services
Lease or Own
Track the mileage
Help Other Students
Help Your Fellow Students
Special Canadian Businesses Only Tip [HST]
Special Bonus Time Saver [Filing Tip]
The course was too basic for me. Also, if you are not filing taxes in Canada this course will not help you.
Dwayne, you did an awesome job on the course. Congratulations! Just a little more to the point in some sections would be good. Thanks for your help.
The course is bringing me the concept of taxes but needs to simplify for those who barely know what taxes are.
I was clueless about my taxes, especially since I just started my small business. It made me realize the potential of how much I could actually get back while I work my full time job. There is a lot of value to be taken from the course. The course instructors are quick to respond to my questions and layout the material in an easy way to digest. Never in my life I thought I would say, "I am understanding taxes and I am excited to know more." Thanks Dwayne!