Blog | FBC, Canada's Farm & Small Business Tax Specialist
How Businesses Can Manage Cash Flow

How Businesses Can Avoid Legal Problems in Their Cash Flow Management

Feb 06, 2019
Manage your cash flow with contracts outlining payment terms, limit your expenses, and find new products and services for slow periods. Our cash flow calculator can help.

Tags:

Continue Reading
What Are Your Obligations to T4 Slips as an Employer?

What Are Your Obligations to T4 Slips as an Employer?

Jan 24, 2019
The average small business owner spends 5-10 hours a week on their own books. There are benefits to outsourcing your bookkeeping and payroll, giving more time back to you to work on your business.

Tags:

Continue Reading
Advantages of Operating a Home-Based Business for Income Tax Deduction

Advantages of Operating a Home-Based Business for Income Tax Deduction

Jan 16, 2019
If you operate a home-based business in Canada, there are a large number of deductions you can claim that will help reduce your taxable income.

Tags:

Continue Reading
How To Start Internet Marketing Business From Home

How To Start Internet Marketing Business From Home

Jan 09, 2019
Is one of your New Year's resolutions to create another source of income? Starting an Internet marketing business can be challenging, fun, and lucrative—all at the same time. It’s an excellent opportunity to earn money while in the comforts of your home.

Tags:

Continue Reading
How to Manage Your Taxes if You’re Self-Employed

How to Manage Your Taxes if You’re Self-Employed

Dec 19, 2018
If you’re self-employed, it’s always a good time to review your tax situation and see if there are ways you can reduce your tax burden.

Tags:

Continue Reading
What Do Business Owners Need to Know Before Selling on Amazon?

What Do Business Owners Need to Know Before Selling on Amazon?

Dec 05, 2018
Amazon is an established leader in the e-commerce industry. Learn how to increase your sales and find out what online payment options are available.

Tags:

Continue Reading
Farm Business Tax Tips: Methods of Reporting Farm Income

Farm Business Tax Tips: 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.

Tags:

Continue Reading
Federal Fall Economic Update 2018

Federal Fall Economic Update 2018

Nov 22, 2018
On November 21, 2018, the Honourable Bill Morneau presented the federal government’s 2018 Fall Economic Update as Minister of Finance with tax measures focused on enhanced tax deductions for investments by all businesses in capital property.

Tags:

Continue Reading
How Can Succession Planning Minimize Taxes?

How Can Succession Planning Minimize Taxes?

Nov 21, 2018
Implementing a succession plan ensures the smooth transition of a business to the next generation. It also helps significantly reduce your taxes.

Tags:

Continue Reading
What Are the Tax Benefits of Investing in a Mortgage Investment Corporation?

What Are the Tax Benefits of Investing in a Mortgage Investment Corporation?

Nov 14, 2018
In addition to delivering above-average yields, investing in a Mortgage Investment Corporation provides Canadians with a number of special tax breaks.

Tags:

Continue Reading
"Happiness does not come from doing easy work, but from the afterglow of satisfaction that comes after the achievement of a difficult task that demanded our best." — Theodore Isaac Rubin