A "Sorry, we're closed" sign on a store window

What Are the Canadian Tax Responsibilities when Closing a Business?

May 09, 2019
There are a lot of steps you need to take when closing your business. Not knowing what the tax obligations are could end up costing you a lot of money.

Tags:

Continue Reading
Cottage on the lake

3 Things You Need to Know About Taxes and the Sharing Economy

May 08, 2019
There are lots of ways Canadians are taking advantage of the sharing economy, maybe without even knowing it.

Tags:

Continue Reading
5 Ways a Health Spending Account Can Help Your Business Save Money

5 Ways a Health Spending Account Can Help Your Business Save Money

Mar 13, 2019
A Health Spending Account is allows a business owner to pay for health and dental expenses with pre-tax dollars. Setting up a Health Spending Account (HSA) is an affordable way for Canadian small business owners to minimize their medical expense costs.

Tags:

Continue Reading
Canadian Dairy Farm Investment Program

Dairy Farm Investment Program

Dec 20, 2018
The Dairy Farm Investment Program is a five-year $250-million program to help Canadian cow milk producers improve productivity through upgrades to their equipment.

Tags:

Continue Reading
piggy bank blue pig money change saving savings strategies

5 Tax-Saving Strategies for Canadian Small Business Owners

Dec 14, 2018
There are a number of simple, effective money-saving strategies that small business owners can use to optimize their year-end tax planning.

Tags: Small Business Taxes, Tax Planning, Tax Preparation

Continue Reading
7 Year-End Tax Planning Tips for Canadian Small Business Owners

7 Year-End Tax Planning Tips for Canadian Small Business Owners

Nov 24, 2018
As we approach the end of the tax year, it’s important to go over your small business tax situation and see what you can do to minimize your tax burden.

Tags:

Continue Reading
piggy bank blue pig money change saving income splitting

How Small Business Owners Can Pay Less Tax

Nov 15, 2018
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
Eligible Meal and Lodging Expenses for Long-Haul Truck Drivers in Canada

Meals, Lodging, and Showers – Tax Basics for Long-Haul Trucking

Sep 19, 2018
Eligible Meal and Lodging Expenses for Long-Haul Truck Drivers in Canada. Long-haul truckers in Canada are allowed to make a large number of tax deductions. Knowing what is eligible can help minimize your tax burden.

Tags:

Continue Reading
talking phone hay bale farmer accounting professional

Choosing the Right Accounting Professional for Your Small Business

Aug 30, 2018
In addition to helping prepare and file your annual income taxes, an accounting professional should look below the surface to see what help you need specifically for your small business.

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

Continue Reading
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.

Tags:

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