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

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

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The Tax Benefits of Donating Life Insurance Policies and Annuities

The donation of life insurance policies and annuities to registered charities is a great way to benefit a favourite charity and for the donor to receive a taxable benefit from insurance coverage that is no longer needed.

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What's CRA's Position on Family Gifts?

Canada has no gift tax; however, in some cases a gift can trigger tax rules that could increase your income taxes and prevent a win-win situation for both you and the recipient. Follow these tips to limit the tax burden for giver and receiver.

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Corporation Loans Count as Taxable Income

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

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How Small Business Owners Can Pay Less Tax

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

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What to Expect from Accounting Professionals Regarding Your Family Business Taxes

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

Tags: Audit Representation, Farm Taxes, Small Business Taxes, Tax Planning, Tax Preparation

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Expert Tips for Filing Your Business Taxes

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.

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

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Small Business Tax Savings for Farmers

The income for Canadian farmers is rising. So too is the value of their machinery and equipment. The tax consultants at FBC can help farm operators take advantage of the various tax savings and deductions available to them.

Tags: Farm Taxes, Tax Consultation, Tax Planning

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Choosing the Right Accounting Professional for Your Small Business

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

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Small Business Corporations May Lose Tax Advantages

The Canadian Revenue Agency has proposed legislation that will reduce or even eliminate many of the current tax benefits of a private corporation.

Tags: Small Business Taxes, Tax Planning

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