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TAX DEDUCTIONS

Make every tax deduction count

Deduct and save more, and avoid tax time surprises with QuickBooks Online.
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Keep more of what you earn

QuickBooks customers find on average $4,473 in tax savings per year.
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Track all your business expenses in one place. Connect your bank accounts, credit cards, PayPal, and more to automatically sync all your expenses.*

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Organize expenses into preset tax categories or set up your own. As you work, QuickBooks helps by suggesting categories based on what you did last time.

Man tracking transactions with tablet.

Use your phone to snap, scan, and save photos of receipts. We’ll match them to expenses so you’re ready to save with proof of the expense.*

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Share access to your books with your accountant or bookkeeper to ask questions and get reassured in real time.*

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Tax resources for small businesses

The tax hub in our Small Business Resource Centre has tips about how to manage expenses, maximize tax deductions, and tax filing.


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Free trial for 30 daysFree trial for 30 days
EasyStart
Build your financial foundation
1 user
Plus access for your accountant
Includes:
Intuit Intelligence
AI-powered bank feeds
Categorizes your transactions quickly and accurately for fast approval.
Sales Tax AI
BETA
Flags discrepancies and suggests corrections to make before you file.
Sales and sales tax
Invoice and payments
Plus
Boost efficiency and profitability
Bonus savings
5 users
Plus access for your accountant
Everything in EasyStart, and:
Intuit Intelligence
Accounting AI
Suggests categories for transactions and detects anomalies to keep your books clean.
Customer AI
Prioritizes leads from your inbox and personalizes email followups.
Inventory tracking
Budgeting
Project profitability
Class and location tracking
built for scale
built for scale
Advanced
Scale with greater customization
Bonus savings
25 users
Plus access for your accountant
Everything in Plus, and:
Intuit Intelligence
Finance AI
Analyzes your data against financial plans and surfaces insights to drive profitability.**
Project Management AI
Gets projects started faster by auto-populating drafts with details pre-filled.
Custom roles and permissions
Unlimited classes and locations
Custom report builder
Workflow automation
Data sync with Excel

Compare all features

EasyStart
Build your financial foundation
Plus
Boost efficiency and profitability
Bonus savings
built for scalebuilt for scale
Advanced
Scale with greater customization
Bonus savings
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Intuit Intelligence
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Accounting AI
— AI-powered bank feeds
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— AI-powered collaboration
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— Anomaly detection
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Sales Tax AI
BETA
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Customer AI
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Finance AI
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Project Management AI
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Accounting
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Automated bookkeeping
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Tax deductions
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Automated bank feeds
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Multiple currencies
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Revenue recognition
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Auto-track fixed assets
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Expenses
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Receipt capture
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Bill management
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Mileage tracking
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Estimates
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Invoice and payments
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Sales and sales tax
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Recurring invoices
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Customer Hub
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Customer management
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Notes and tasks management
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Reputation management
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Lead management
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Contract upload and e-signature
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Proposals
BETA
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Enter time
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Project Management
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Project profitability
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Project management
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Inventory
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Inventory tracking
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Purchase orders
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Sales orders
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Business Intelligence
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Cash flow planning
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Forecasting
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Custom report builder
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Data sync with Excel
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Connected Platform
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Users
1
5
25
Mobile app
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Integrate with hundreds of apps
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Autosave & Data Protection
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Reports
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Powerful
Custom roles and permissions
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Basic
Custom
Custom fields
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4
12
Class and location tracking
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Up to 40
Unlimited
Workflow automation
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Batch invoices and expenses
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Backup and restore
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Premium support
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Explore more tools in QuickBooks Online

It’s easier to keep growing when everything works together.

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Simplify your sales tax

Track and record your sales tax payments and refunds with more flexibility.
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Track profits and loss

With reports in your dashboard you always know how much money’s on-hand and where you stand.

See how QuickBooks fuels success

See how QuickBooks fuels success

Portrait of a smiling Katrina Smith of Fusion Cabling, wearing a grey shirt
“Heading into tax time, the QuickBooks platform works intuitively with your business to provide relevant information on how, where and when to pay.”
Katrina Smith, Chief Operating Officer, Fusion Cabling

Learn more about maximizing deductions

Find more of what you need with these tools, resources, and solutions.

woman-pink-shirt-sitting-writing-at-laptop-articles-ca
ARTICLE

Self-Employment & small business tax guide

Navigating the Canadian tax world can be complicated. From the fundamentals of filing taxes to the tax nuances between provinces, you can find your answers here.

A hand writes in a notebook on a work desk that also has a laptop, smartphone, and cup of coffee.
ARTICLE

Small business deductions: what applies and do I qualify?

Take a look at tax deductions that may work in your favor when you file your annual tax returns. Then, examine common tax deductions to see if you qualify.

A man in a carpentry shop works on his laptop.
ARTICLE

Little-known CRA tax deductions and credits

As a small business owner or freelancer, you have access to a lot of little known deductions and tax credits. Learn which ones may apply to you.

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Find help articles, video tutorials, and connect with other businesses in our online community.

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