Скачать с ютуб Write Off Your Dream Car | MUST WATCH Before Buying a Vehicle for Business in Canada в хорошем качестве

Write Off Your Dream Car | MUST WATCH Before Buying a Vehicle for Business in Canada

Are you a six-figure Consultant, Coach, or Content Creator in Canada looking to save taxes, increase profits, and build wealth? ⚖️ Balance and Wealth CPA is a tax-specialized accounting firm providing customized tax advice. Get in touch: https://www.balanceandwealth.com/ One of the perks of being an entrepreneur is getting a nice car through your business. Instead of just paying out of pocket, what’s better than getting your business to pay for it and geting a tax deduction? As tempting as it is, there are certain limitations that the Canadian Revenue Agency (CRA) imposes. Vehicle related deductions are also one of the most audited areas. So make sure to watch the entire video to understand what your options are! 00:00 Intro 00:32 What is Business Purpose? 01:09 Types of Vehicle Tax Deduction 02:11 How to Structure Vehicle For Business Use 03:05 Buying vs. Leasing 06:21 Personal Use for Employer Provided Vehicle 07:55 Business Use for Employee Provided Vehicle 08:24 Good Practices CRA LINKS MENTIONED ➡️2022 Automobile Deduction limits and Expense benefit rates for businesses: https://www.canada.ca/en/department-f... ➡️Calculations for eligible leasing costs: https://www.canada.ca/en/revenue-agen... ➡️Automobile Benefits Online Calculator: https://www.canada.ca/en/revenue-agen... Disclaimer: Note this video is not tax advice and should be used for informational purposes only. Consult with your own tax advisor for specific advice related to your specific business situation and needs. ________________________________ MY FAV TOOLS [OWNR] Start a Sole Proprietor or Corporation in Canada. Save on lawyer fees & get 15% off https://partners.ownr.co/022nlsdh7t5m [DOOLA] Form your LLC or C Corp in the US. Start your business and have Doola take care of all your compliance in one place https://partnersps.doola.com/c6fqdmd8... [QUICKBOOKS] Organize your finances and send invoices that get you paid fast. Get 80% off for 6 months: https://quickbooks.partnerlinks.io/pf... ________________________________ FREE RESOURCES 💰FREE BOOKKEEPING TEMPLATE https://www.gabrielletalksmoney.com/r... 💰FREE BUDGETING TEMPLATE https://www.gabrielletalksmoney.com/r... ________________________________ CONNECT WITH ME 💼 Tax & Accounting Services: https://www.balanceandwealth.com/ 🌍 Website: https://www.gabrielletalksmoney.com 📸 Instagram: @GabrielleTalksMoney ________________________________ WHO AM I: Gabrielle is a CPA and Tax Expert, as well as the founder of Balance + Wealth CPA, a licensed CPA firm that specializes in Tax. Prior to starting her business, worked as a Tax Manager at one of the Big 4 Accounting Firms for 7+ years, working with Global 500 companies. Gabrielle posts weekly videos on personal finance, business finance, and tax tips.