a man rubs his forehead and is looking down at his taxes, stressed about late filing

Late filing penalties for small business taxes

Mar 12, 2020
Learn what penalties you face if you're late filing your small business tax return.

Tags: Bookkeeping, Financial Planning, Small Business Taxes, Tax Preparation

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small business owner examines receipts for tax deductions

Top small business tax deductions

Dec 09, 2019

If you’re self-employed or a small business owner, you know how quickly business expenses can add up.

Luckily, there are plenty of tax deductions you can take advantage of to lower your taxes.

Tags: Bookkeeping, Farm Taxes, Small Business Taxes, Trades Taxes, Tax Consultation, Tax Preparation, Tax Planning

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FBC Reviews

Nov 06, 2019
We love hearing from farmers and small business owners on what they like about being a FBC Member. Read some of our favourite FBC reviews.

Tags: Bookkeeping, Farm Taxes, Financial Planning, Small Business Taxes, Tax Consultation, Tax Planning, Tax Preparation, Trades Taxes

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a calculator, laptop and notepad used for receipt organization

7 simple ways to organize your receipts

Jul 04, 2019
It can seem overwhelming to organize your receipts on top of the busy demands of running your own business. But putting in the work now means you’ll save time when it comes to filing your taxes.

Tags: Bookkeeping, , Financial Planning, Small Business Taxes, Tax Planning, Tax Preparation

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How the Sharing Economy Impacts Your Taxes

May 08, 2019
Discover how the sharing economy can impact your taxes.

Tags: Audit Representation, Bookkeeping, Farm Risk Management, Farm Taxes, Tax Planning, Financial Planning, Small Business Taxes, Tax Preparation

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8 Reasons Why Your Small Business Should Hire a Bookkeeper

Why Your Small Business Should Hire a Bookkeeper

Apr 03, 2019
If you’re a small business owner and don’t like number crunching, hiring a bookkeeper can help you save valuable time and money, especially during tax season.

Tags: Bookkeeping, Small Business Taxes, Tax Consultation

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What Do You Need to Know About ROEs As An Employer?

What Do You Need to Know About ROEs As An Employer?

Feb 20, 2019
A record of employment (ROE) is the single most important document in the Employment Insurance (EI) program. As an employer, find out what your responsibilities are to ROEs and your employees.

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Farm Business Tax Tips: Methods of Reporting Farm Income

Different Methods of Reporting Farm Income

Nov 28, 2018
Canadian farmers can calculate their income using the accrual or cash method. When it comes to tax planning, it’s important to know the benefits of each.

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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

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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