Blog | FBC, Canada's Farm & Small Business Tax Specialist

Lunch & Learn: Tax Tips for Business Owners

Feb 12, 2018
We offer Lunch & Learn sessions across Canada on various topics for farm and small business owners. Let us know if you would like us to talk to your group. Our farm tax and small business tax workshops consist of a 30 minute presentation, followed by a question and answer period where you can get your tax questions answered by one of our local tax consultants.

Tags: Events, Small Business Taxes

Continue Reading
Top Myths about Canadian Small Business Tax Audits

Debunking Canadian Tax Audit Myths

Feb 07, 2018
These myths about tax audits could increase your likelihood of getting audited. The tax professionals at FBC will help separate tax fact from fiction.

Tags:

Continue Reading
Finding the Right Small Business Tax Specialist

Finding the Right Small Business Tax Specialist

Jan 31, 2018
To avoid tax-related problems and issues with the Canada Revenue Agency, hire FBC, an experienced tax preparer that works exclusively with small businesses, farm operators, and independent contracts.

Tags:

Continue Reading
Things You Should Know About Tax Write-Offs in Canada

Things You Should Know About Tax Write-Offs in Canada

Jan 24, 2018
Tax write-offs can help Canadian small business owners significantly reduce their taxable income, and in some cases, put them in a lower tax bracket.

Tags:

Continue Reading
When Is the Right Time for a Small Business to Hire a Tax Consultant?

When Is the Right Time for a Small Business to Hire a Tax Consultant?

Jan 17, 2018
Tax professionals provide more than just tax and payroll services, they can help your business at various stages of growth.

Tags:

Continue Reading
Pros and Cons of Incorporating a Small Business

Pros and Cons of Incorporating a Small Business

Jan 10, 2018
Incorporating a small business provides unique tax benefits not available to unincorporated businesses. FBC can help you decide if it’s right for you.

Tags:

Continue Reading
Tax Tips When Buying a Business in Canada

Tax Tips When Buying a Business in Canada

Jan 03, 2018
If you’re buying a business in Canada, you need to think about the tax implications. Doing so could save the business’ bottom line for years.

Tags:

Continue Reading

Department of Finance Defines Rules on Income Sprinkling

Dec 14, 2017
Revised measures to the treatment of income sprinkling are designed to ensure that they do not affect family members who make meaningful contributions to a family business. The measures include several automatic, bright-line tests.

Tags:

Continue Reading
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.

Tags:

Continue Reading

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.

Tags: Small Business Taxes, Tax Consultation

Continue Reading
“Whether socks or stocks, I like buying quality merchandise when it is marked down.” — Warren Buffett