a blue graphic with the text: COVID-19

What your small business needs to know about COVID-19

Mar 17, 2020
On March 11, 2020, the World Health Organization declared the outbreak of the 2019 coronavirus disease (COVID-19) a pandemic. The World Health Organization says everyone must play a role to stop the spread of the disease. This includes businesses and employers.

Tags: Farm Taxes, Financial Planning, Small Business Taxes, Tax Preparation, Tax Planning, Tax Consultation, covid-19 updates

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a man rubs his forehead and is looking down at his taxes, stressed about late filing

Late filing penalties for small business taxes

Mar 12, 2020
Learn what penalties you face if you're late filing your small business tax return.

Tags: Bookkeeping, Financial Planning, Small Business Taxes, Tax Preparation

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Nova Scotia Budget Report 2020

Feb 28, 2020
Starting April 1, 2020, the general corporate tax rate in Nova Scotia will decrease from 16% to 14%. The small business tax rate will decrease from 3% to 2.5%. Read the highlights from our tax analysts.

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

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What you need to know about small business tax filing

Feb 12, 2020
If you’re self-employed or a small business owner, getting ready for tax filing can be daunting. To help make the filing process less stressful, we’ve listed what you need to know for filing your 2020 tax return.

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

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a photo of a visa gift card, which is a non-cash benefit in the eyes of the CRA

Taxing non-cash benefits to employees

Feb 05, 2020
A non-cash benefit includes a good, service or property you own that you give to your employee. If that property is paid for by you and provided to your employee, it is still considered a benefit of employment. Find out how these benefits are taxed.

Tags: Farm Taxes, Tax Consultation, Tax Planning, Tax Preparation, Trades Taxes

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Year End Tax Planning Toolkit for Small Business Owners

Free eBook: Tax Readiness Toolkit

Jan 27, 2020
Download a free tax readiness toolkit for small business owners.

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

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a man is on his laptop and rubbing his forehead in frustration from dealing with the CRA

What Canadians think about the CRA's customer service

Jan 22, 2020
Canadians told the CRA what they think about the CRA's customer service in a series of consultations last spring. The CRA recently released the full report and we summarize what Canadians want improved.

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

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Tax deductions for Canadian farmers

Jan 15, 2020

If you’re a farmer or agricultural producer, you can deduct certain expenses you incurred to earn your income.

Tags: Farm Taxes, Tax Consultation, Tax Planning, Tax Preparation

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FBC Reviews: January 2020

Jan 01, 2020
We’re honoured when we get feedback from small business owners and farmers on what they like about FBC’s year-round Membership model. Here are some of our favourite recent FBC reviews collected through Rocket Referrals.

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

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8 New Year's resolutions for small businesses

Dec 23, 2019
The end of the year is the perfect time to reflect on your business and make plans for 2020. We’ve listed some ideas on New Year’s resolutions you can make if you’re self-employed or own a small business.

Tags: Small Business Taxes, Tax Consultation, Tax Planning, tax develo

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