Save on Your Taxes
What you'll learn
- 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
Requirements
- Have their own small business
- Understand the importance of accurate tax returns
Description
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 this course is for:
- Entrepreneurs
- Small businesses
- Anyone who wants to save on their taxes
Instructors
Scott Paton has been podcasting since the spring of 2005. He has executive produced and/or co-hosted over 45 podcasts. An internationally renowned speaker, Scott has presented to audiences from London, England to Sydney, Australia, from Vancouver, BC to New York, NY, from LA to Rwanda. Thousands of entrepreneurs and NGO's have changed their public engagement strategies based on Scott's sharing. We hope you will, too!
Scott has over 640,500 students from 199 countries taking at least one of his 100+ courses.
Scott joined Udemy in 2013. In late 2014, one of his clients inspired him to make a video course on Podcasting. He revisited Udemy and got very excited at the potential. After his course went live, Scott told his clients and many decided to make courses but needed help, so he has become a co-instructor with them, while continuing to support and build his own courses. His co-topics all include areas of life-long learning by Scott, including Futures Trading, Alternative Health, EFT, and Relationships.
Dwayne is a people-focused operations professional who has worked for both multi-national and privately owned Canadian corporations in 5 different industries over the past 15 years.
Dwayne is a Chartered Professional Accountant who values authentic business relationships and clear communication.
He is constantly tracking and assessing sales, marketing, and financial tools in the interest of automating operations, so that entrepreneurs have more time to do what they love.
His "why" is to alleviate the stress and anxiety around managing money and keeping up with current technology.
Research published this year by Harvard and Stanford Business Schools suggests that health problems associated with job-related anxiety account for more deaths each year in the US than Alzheimer’s disease or diabetes. It is likely that the same is true in the UK.
The combination of the Amazon story and the recent study into the impact of work-related stress means that there are important questions that all organisations should ask themselves.
These include: What type of management culture do we foster? What informal conflict management techniques do we offer to foster healthy workplace relationships? What are we doing to enable people at work to enjoy their jobs and thrive, both psychologically and physically?
Scott teaches non-violent communication techniques that help managers live healthier productive lives.