How does the small business deduction help business owners in Canada save taxes? I walk you through the benefits of incorporating your business. I also explain what the small business deduction is, the types of corporations qualify for the deduction, how much income is required to qualify for the deduction. Finally, I tell you how you can use the deduction to your advantage! Follow us on Twitter - https://twitter.com/Madan_CA Like us on Facebook - https://www.facebook.com/MadanCharter... Add us on Google Plus - https://plus.google.com/u/1/108551869... Download any of our free eBooks available on our website: http://madanca.com/free-tax-secrets/ (Including Tax Tips for Canadians, Personal Tax Planning Guide for Canadians: 2014 Edition and 20 Tax Secrets for Canadians) Table Of Contents 00:31 -- Why Incorporate 01:00 -- What Is The Small Business Deduction 01:23 -- What Types Of Corporations Qualify 02:10 -- What Types Of Income Qualify 02:55 -- Using The Deduction To Your Advantage Disclaimer: The information provided in this video is intended to provide general information. The information does not take into account your personal situation and is not intended to be used without consultation from accounting and financial professionals. Allan Madan and Madan Chartered Accountant will not be held liable for any problems that arise from the usage of the information provided in this video.
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Education | Upload TimePublished on 3 Dec 2010 |
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