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What Types of Advertising/Marketing Expenses Can Small Businesses Deduct?

Ronika Khanna CPA,CA

Television commercials Google, Facebook, ,Amazon ads, Pinterest, Instagram, Tik Tok, Etsy or any other ads placed on social media Note: CRA implemented a new rule relating to digital companies which requires that they register for GST/HST and/or QST if their sales to Canadians exceed $30,000.

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Small Business Tax Deductions Checklist: All You Need to Know About Tax Deductions

Snyder

Tax liability is an inevitable part of running a business. Every year business owners have to bear the burden of the tax season, paying taxes for income, payroll, property, sales, and so on. In total, nearly 30% of a business’ income is needed to cover all tax payments. What exactly are tax deductions?

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