[Verse 1]
Sarah starts her consulting dream with bank account in hand
Monthly fees of twenty-five, part of her business plan
Every transaction costs her more, the bank takes its small share
But these expenses she can claim, deductions everywhere
[Chorus]
Bank and service fees, write them down with ease
Business costs that help you save when tax time comes around
Stripe and PayPal too, every fee's for you
Processing payments, transferring funds, deductible and sound
[Verse 2]
When clients pay by credit card, Stripe takes two-point-nine
Plus thirty cents per transaction, but the write-off's fine
PayPal charges similar rates for every payment made
Square's got fees for card readers, all part of the trade
[Chorus]
Bank and service fees, write them down with ease
Business costs that help you save when tax time comes around
Stripe and PayPal too, every fee's for you
Processing payments, transferring funds, deductible and sound
[Bridge]
Wire transfers cost you thirty bucks
Currency conversion fees add up
Corporate credit card's annual price
One hundred fifty? That's quite nice
Every business banking cost
Nothing's really ever lost
Keep your receipts and track it all
Revenue Canada loves the call
[Verse 3]
International clients mean conversion fees apply
Two percent on every deal but tax relief is nigh
Annual fees on business cards, premium or basic grade
Every legitimate expense becomes a tax write trade
[Chorus]
Bank and service fees, write them down with ease
Business costs that help you save when tax time comes around
Stripe and PayPal too, every fee's for you
Processing payments, transferring funds, deductible and sound
[Outro]
So remember every fee your business has to pay
Track them monthly, save receipts, they'll help you save the day
From banking costs to payment processing too
These deductions work their magic, helping profits flow to you