Blog | FBC, Canada's Farm & Small Business Tax Specialist
Can Technology Enhance Your Business Money Management?

Can Technology Enhance Your Business Money Management?

Oct 10, 2018
Using technology to track your income and expenditures, you can program steps like the deduction of taxes from each sale and have a better understanding of how much money you're actually making.

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Starting a New Farm Operation

Top Business Tips for Starting a New Farm

Sep 12, 2018
Starting a new farm business can be rewarding; having the right skills and background knowledge can make it even more successful.

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How to Create a Succession Plan for Your Small Business

How to Create a Succession Plan for Your Small Business

Aug 08, 2018
For those exiting a business, succession planning helps build value, provide financial security, maximize tax strategies and minimize taxes paid.

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Finance Purchase of Equipment: Lease or Buy

To Lease or Not To Lease

Jul 18, 2018
Should you lease or buy when faced with purchasing new equipment for your farm or small business? The two most common options are borrowing funds to buy the equipment or leasing equipment from the supplier or through a third party.


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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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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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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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Tax Management Strategies for Farm Operators

Tax Management Strategies for Farm Operators

Apr 25, 2018
Effective tax management strategies for farmers means not scrambling at the end of the year for ways to reduce or defer tax bills.

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Maintaining Minute Books Are a Legal Necessity for Incorporated Canadian Businesses

Why Maintaining Minute Books Are a Legal Necessity for Incorporated Canadian Businesses

Apr 18, 2018
Keeping a Minute Book is a legal requirement for all Canadian corporations. Maintaining a Minute Book can make a business more efficient and result in paying less tax.

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