Save on Your Taxes
4.5 (12 ratings)
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Save on Your Taxes

Simple Strategies to Save Your Money That Your Accountant Forgot To Tell You
4.5 (12 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
2,601 students enrolled
Last updated 11/2016
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Current price: $10 Original price: $20 Discount: 50% off
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  • 1.5 hours on-demand video
  • 1 Article
  • 3 Supplemental Resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I 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
View Curriculum
  • Have their own small business
  • Understand the importance of accurate tax returns

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.

In this course, you will discover:

  • Deductible Home Office Expenses
  • Deductible Business Expenses
  • Deductible Travel Expenses
  • Deductible Vehicle Expenses
  • And much more...

Presented by a Canadian expert, the strategies apply worldwide, but always consult your own accountant.

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 the target audience?
  • Entrepreneurs
  • Small businesses
  • Anyone who wants to save on their taxes
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Curriculum For This Course
23 Lectures
3 Lectures 06:02

Who is Dwayne

Introduce Yourself
Home Office Expenses
5 Lectures 12:00

Dwayne talks about the advantages of having a home office for reducing taxes. Check the Resource Section for this lecture to download and print out our Home Office Expense Schedule.


Self-employed vs Employed. As an employee, none of your house expenses are tax-deductible. As a business owner, you can claim some of your home costs as a tax-deductible expense.

Preview 01:40

Dwayne goes over how to calculate your home office expenses.

Home Office

What to do with expenses if your business is not making a profit.

Dealing with Losses

Dwayne goes over types of expenses that you can deduct from your revenues. Check out our PDF expense form to make tracking easier.

Types of expenses
Business Expenses
6 Lectures 26:53

In this section, we go into what your business can use as expenses for deducting from your taxes. Check the Resource Section for this lecture to download and print out our Business Expense Schedule.

Preview 03:39

Cell phone, home internet, office supplies expenses

Group 1 Expenses: Communications

Travel expenses, meals & entertainment expenses

Group 2 Expenses: Travel

Rent, insurance, licences, memberships expenses

Group 3 Expenses: Rent, Insurance, Licenses

Advertising and marketing, trade shows, websites expense

Group 4 Expenses: Advertising and Marketing

Salaries, Accountants, lawyers expenses

Preview 06:15
Vehicle Expenses
4 Lectures 16:43

You can turn your car or van into a business expense to deduct some of your costs against your taxes. Dwayne shows you how you can do this legally. Included in this Lecture's Resource section, is a Vehicle Expense Schedule to help you keep track of your expenses.

Preview 02:05

Should you buy your car or lease?

Lease or Own

Tracking Mileage may sound tedious, but it is a very important expense that you can possibly deduct up to 95% from your taxes. Dwayne shares a quick easy tip to track your annual mileage.

Track the mileage

Vehicle Expenses

1 question
Wrap Up
5 Lectures 13:14

Now that you are finished the course, Dwayne talks about your Next Steps.

Next Steps

Help Other Students

You can help your fellow students by leaving a Review of this course. The Review lets your fellow students make the decision to take the course or not. It helps them understand how your experiences in the course helped you become more charismatic, and then they can decide if they want to follow in your footsteps

Help Your Fellow Students

For Canadians only. Why you should be collecting on GST or HST.

Preview 03:25

Dwayne shares his best time saving tips.

Special Bonus Time Saver [Filing Tip]
About the Instructor
Scott Paton
4.2 Average rating
1,899 Reviews
78,104 Students
74 Courses
Executive Producer (42 Podcasts, 70+ Udemy courses), Trainer

Scott Paton has been podcasting since the spring of 2005. His podcast "Weight Loss and The Mind" hit over 375,000 subscribers in its first year and over one million downloads. He has executive produced and/or co-hosted over 35 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 66,500 students from 176 countries taking his 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 Stock Option Trading, Alternative Health, EFT, and Relationships.

Dwayne Richards
3.5 Average rating
56 Reviews
12,090 Students
3 Courses
Part-time CFO for Entrepreneurs and Small Businesses

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.