Blog | FBC, Canada's Farm & Small Business Tax Specialist
CRA Representation and Tax Audit Assistance

CRA Representation and Tax Audit Assistance

Jul 11, 2018
Not being prepared for a CRA audit and accepting the ruling can be a costly mistake. Being represented by tax professionals can ensure you are treated fairly.

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Taxes and Recreational Cannabis in Canada

Taxes and Recreational Cannabis in Canada

Jul 04, 2018
The currently-illegal, yet lucrative cash crop, cannabis, will become legal in Canada as of Oct. 17. There will be measures put in place to regulate distribution and ensure appropriate duties and taxes are paid.

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4 Key Performance Indicators to Measure the Health of Your Small Business

Key Performance Indicators for Measuring Small Business Success

Jun 27, 2018
Keeping track of key performance indicators can determine the financial health of a business and identify ways to improve performance.

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Small Business Accounting Trends That Will Transforms Your Business

Small Business Accounting Trends in 2018

Jun 20, 2018
Important accounting trends in 2018 can transform your business, cut costs, and improve operating efficiencies.

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Top Tax Saving Tips for Small Business Owners in Canada

Smart Tax Saving Tips for Canadian Small Business Owners

Jun 13, 2018
If you’re looking for some small business tax saving tips, the following options can really pay off.

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Tax Tips: Reporting Self-Employment Income

Tax Tips: Reporting Self-Employment Income

Jun 06, 2018
Understanding the tax benefits of being self-employed can greatly reduce your tax obligation and increase your after-tax income.

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Passive Income for Private Corporations

Tax Increases in 2018 Affect Passive Income for Private Corporations

May 30, 2018
Investment income, also known as passive income, is being targeted in a big way. Passive income generally is defined as anything non-active, such as interest, dividends, rental and royalty income and capital gains and it appears the government is taking a two-step approach to managing it.

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Tax strategies for Canadian Entrepreneurs

Small Business Tax Planning Strategies for Canadian Entrepreneurs

May 23, 2018
There are a lot of tax strategies that Canadian entrepreneurs can take advantage of to decrease their taxes and increase their income.

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Top Reasons Why Good Business Records Benefit Your Farm

How to Maintain Good Farm Business Records

May 16, 2018
Accurate farm business records make it easier to prepare taxes. A good bookkeeping system helps identifies the farm’s strengths, helps the business grow, and makes it easier to apply for a loan.

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Factors that Determine the Cost of Small Business IT Systems

Factors that Determine the Cost of Small Business IT Systems

May 09, 2018
Being a small business owner means you need to manage more than just your employees. You're an expert in the products and services that you offer to your clients, but you're not likely an expert in tax obligations or information technology. This article provides some

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