a person typing on a laptop with the text FBC reviews

FBC Reviews: January 2020

Jan 01, 2020
We’re honoured when we get feedback from small business owners and farmers on what they like about FBC’s year-round Membership model. Here are some of our favourite recent FBC reviews collected through Rocket Referrals.

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

Continue Reading
couple looking at a phone and discussing canada pension plan benefits

Should I take my Canada Pension Plan benefits early?

Dec 16, 2019
Find out if you should start collecting your Canada Pension Plan benefits as early as one month after you turn 60 or as late as age 70.

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

Continue Reading
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

Continue Reading
someone on a cellphone looking at FBC Reviews

FBC Reviews: December 2019

Dec 02, 2019
Read our favourite reviews from farmers and small business owners. They tell us what they love about being a FBC Member.

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

Continue Reading
a stack of gold coins that represents converting RRSP to RRIF

Converting an RRSP to an RRIF

Nov 26, 2019
Find out when you must convert your RRSP to an RRIF, and how to reduce your tax liability.

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

Continue Reading
someone taking out their credit card to make instalment payments

Do I have to make tax instalment payments?

Nov 18, 2019
If you earn income that doesn’t have tax withheld on it, like self-employment, rental or investment income, or you made a capital gain in the past year, you might have to make instalment payments.

Tags:

Continue Reading
a person is calculating salary vs dividends

Salary or dividends: Which one is right for me?

Nov 14, 2019
Choosing to pay yourself a salary or dividends will depend on your personal and business needs. Find out the differences and what each option could mean for you when deciding how to structure your compensation.

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

Continue Reading
a man selling his small business shakes someone's hand

The tax implications of selling your business

Nov 08, 2019
Selling your business to a family member has significant tax implications. Find out how an arm's length deal and a non-arm's-length deal are treated by the CRA.

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

Continue Reading
A sign that says FBC Reviews on it

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

Continue Reading
a man in a wheelchair is writing at a desk

Understanding the Registered Disability Savings Plan

Oct 30, 2019
Do you have a disability or a child with a disability? Are you worried about saving for retirement? Then you should open a Registered Disability Savings Plan (RDSP) to help you start building long-term savings.

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

Continue Reading