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Incorporation Session 20 - Corporate Business Deductions Part II
Again we explore the various deductions allowed and how to take them properly. This is a bit more detailed than the previous session as the examples start to shape the true benefit. Watch and learn how corporations can double your money. Spending your personally taxed income means that what you earn, minus taxes, is the amount you can spend. If you are purchasing for business use, then you can make the purchase and deduct it from your business' income. Kevin explains how to manage your business spending so that you can legally maximize your allowed corporate tax deductible expenses and benefits. Learn how to spend money so that you can write off your necessary business expenses through corporate deductions.
Inside This Session
- Allowed corporate deductions
- Writing off business expenses
- Keeping it legal
- Detailed example of the tax savings through business deductions
