Blog | FBC, Canada's Farm & Small Business Tax Specialist
Understand the tax ramifications of shareholder loans to avoid significant taxes owing

Corporation Loans Count as Taxable Income

Nov 22, 2017
When shareholders borrow money from a corporation, that money is generally considered taxable income. But this rule, like many CRA rules, has exceptions.

While there are a lot of tax benefits to being a self-employed contractor in Canada there is also a lot to understand when it comes to the ever-changing tax code.

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How Small Business Owners Can Pay Less Tax

Nov 15, 2017
Using the tax professionals at FBC can help Canadian small business owners maximize their deductions and credits and minimize their tax burden.

While there are a lot of tax benefits to being a self-employed contractor in Canada there is also a lot to understand when it comes to the ever-changing tax code.

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BC Wildfire Recovery Programs Available for Farmers, Small Business Owners and Families

Nov 09, 2017
To assist families and businesses in recovering from the damages caused by emergencies both this year and in future years, the Province is developing a recovery plan and working to deliver support as and where they are needed.

While there are a lot of tax benefits to being a self-employed contractor in Canada there is also a lot to understand when it comes to the ever-changing tax code.

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What to Expect from Accounting Professionals Regarding Your Family Business Taxes

Nov 08, 2017
Accounting professionals can help family run businesses in Canada manage their business accounts, minimize taxes, maximize profits, and save money.

While there are a lot of tax benefits to being a self-employed contractor in Canada there is also a lot to understand when it comes to the ever-changing tax code.

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Expert Tips for Filing Your Business Taxes

Oct 25, 2017
General tax tips can help Canadians save thousands of dollars come tax time. When it comes to filing more complicated business taxes, call the tax professionals at FBC.

While there are a lot of tax benefits to being a self-employed contractor in Canada there is also a lot to understand when it comes to the ever-changing tax code.

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Fall Economic Update from Canada’s Finance Minister

Oct 24, 2017
Canada Finance Minister Bill Morneau’s fall economic makes consequential adjustments to the dividend tax credit rate and enhances the Canada Child Benefit, in addition to confirming the recent updates around the July 19 consultation paper on small business corporation tax loopholes.

While there are a lot of tax benefits to being a self-employed contractor in Canada there is also a lot to understand when it comes to the ever-changing tax code.

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Converting Regular Income to Capital Gains

Oct 19, 2017
Government not moving forward with small business tax measures relating to the conversion of income into capital gains.

While there are a lot of tax benefits to being a self-employed contractor in Canada there is also a lot to understand when it comes to the ever-changing tax code.

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Proposed Changes to How Passive Income is Taxed

Oct 18, 2017
Finance Minister Bill Morneau issued an announcement outlining how he intends to proceed with changes to how passive income earned in private companies is taxed.

While there are a lot of tax benefits to being a self-employed contractor in Canada there is also a lot to understand when it comes to the ever-changing tax code.

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Changes to the Federal Tax Proposals Announced

Oct 16, 2017
While the government stated that it is committed to its proposed private company tax measures to address tax planning involving income sprinkling effective January 1, 2018, it is cancelling changes to limit access to the Lifetime Capital Gains Exemption (LCGE).

While there are a lot of tax benefits to being a self-employed contractor in Canada there is also a lot to understand when it comes to the ever-changing tax code.

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Startups and the Need for Managed Accounting Services

Oct 11, 2017
To seamlessly operate their business, startups should consider hiring a managed accounting service for all of their tax planning, bookkeeping and business planning needs.

While there are a lot of tax benefits to being a self-employed contractor in Canada there is also a lot to understand when it comes to the ever-changing tax code.

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"It’s not the employer who pays the wages. Employers only handle the money. It’s the customer who pays the wages." — Henry Ford