Artwork

Content provided by Vince Del Monte. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Vince Del Monte or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Player FM - Podcast App
Go offline with the Player FM app!

How to Save Tens of Thousands in Taxes Each Year with Vince's Canadian Accountant

38:07
 
Share
 

Manage episode 427302644 series 2607413
Content provided by Vince Del Monte. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Vince Del Monte or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Welcome back to the Vince Del Monte Podcast. Today, I am joined by Daniel, my accounting expert, to bring us into the critical topic of tax savings for online fitness coaches, particularly those based in Canada.

We talk about strategies to maximize your earnings by minimizing your tax liabilities.If you're unsure when to switch from a sole proprietorship to a corporation or how to claim deductions, this episode is for you.

In this episode:
00:15 Understanding taxes and your earnings
01:55 Business structure
05:11 Personal vs. Corporate tax rates
07:18 Incorporate your business
11:32 Tax planning strategies
27:12 Maximizing Tax-Sheltered Accounts
33:48 Final Thoughts and Takeaways

===

⏯️ Learn How to Achieve Freedom From Fitness on My YouTube Channel: https://www.youtube.com/vincedelmonte

💰 Get Coached to Start, Grow or Scale Your Fitness Biz: https://fbfitpro.com/12-weeks

🦅 Join Our Free FB Group & Soar Higher: www.VincesFreeGroup.com

===

LET'S CONNECT:

YouTube | @vincedelmonte

Tik Tok | @vincedelmonte

Instagram | @vincedelmonte

Facebook | Vince Del Monte

  continue reading

600 episodes

Artwork
iconShare
 
Manage episode 427302644 series 2607413
Content provided by Vince Del Monte. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Vince Del Monte or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Welcome back to the Vince Del Monte Podcast. Today, I am joined by Daniel, my accounting expert, to bring us into the critical topic of tax savings for online fitness coaches, particularly those based in Canada.

We talk about strategies to maximize your earnings by minimizing your tax liabilities.If you're unsure when to switch from a sole proprietorship to a corporation or how to claim deductions, this episode is for you.

In this episode:
00:15 Understanding taxes and your earnings
01:55 Business structure
05:11 Personal vs. Corporate tax rates
07:18 Incorporate your business
11:32 Tax planning strategies
27:12 Maximizing Tax-Sheltered Accounts
33:48 Final Thoughts and Takeaways

===

⏯️ Learn How to Achieve Freedom From Fitness on My YouTube Channel: https://www.youtube.com/vincedelmonte

💰 Get Coached to Start, Grow or Scale Your Fitness Biz: https://fbfitpro.com/12-weeks

🦅 Join Our Free FB Group & Soar Higher: www.VincesFreeGroup.com

===

LET'S CONNECT:

YouTube | @vincedelmonte

Tik Tok | @vincedelmonte

Instagram | @vincedelmonte

Facebook | Vince Del Monte

  continue reading

600 episodes

All episodes

×
 
Loading …

Welcome to Player FM!

Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.

 

Quick Reference Guide