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

Debunking Myths about Small Business Tax Returns

Apr 05, 2017
Tax myths can make filing your tax return stressful. Tax myths can also increase your chances of being audited and reduce your tax return.

While there are a lot of tax benefits to being a self-employed contractor in Canada there is also a lot to understand when it comes to the ever-changing tax code.

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Alberta Budget Report 2017

Mar 17, 2017
On March 16, 2017, the Honourable Joe Ceci, President of Treasury Board and Minister of Finance, presented his third budget and the third budget of Alberta’s NDP government.

While there are a lot of tax benefits to being a self-employed contractor in Canada there is also a lot to understand when it comes to the ever-changing tax code.

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Rules for Principal Residence Deduction

Mar 15, 2017
You don't need to pay any tax on capital gains made from the sale of your principal residence. However, you do need to report the sale of your principal residence. And it gets a little more confusing when it comes to agricultural and farm property.

While there are a lot of tax benefits to being a self-employed contractor in Canada there is also a lot to understand when it comes to the ever-changing tax code.

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Tax Changes 2017: Everything You Need to Know

Mar 08, 2017
A number of big changes to Canada’s tax laws in 2017 could affect the bottom line for many small business and farm owners.

While there are a lot of tax benefits to being a self-employed contractor in Canada there is also a lot to understand when it comes to the ever-changing tax code.

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Why Your Small Business Should Hire a Professional Accounting Consultant

Mar 01, 2017
Running a small busy is not easy. Hiring a reliable, professional accounting consultant can benefit a small business in many ways.

While there are a lot of tax benefits to being a self-employed contractor in Canada there is also a lot to understand when it comes to the ever-changing tax code.

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Income Tax Tips for Small Business Owners and Self-Employed Individuals

Feb 15, 2017
Those who are self-employed have the same income tax rates as employed workers. But, someone who owns their own business can use deductions to reduce their overall tax burden.

While there are a lot of tax benefits to being a self-employed contractor in Canada there is also a lot to understand when it comes to the ever-changing tax code.

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5 Tips to Prepare Your Online Business for Tax Time

Feb 08, 2017
Running an online business can be time consuming. Understanding some important e-commerce tax tips can streamline the tax preparation process.

While there are a lot of tax benefits to being a self-employed contractor in Canada there is also a lot to understand when it comes to the ever-changing tax code.

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Questions to Ask When Hiring a Tax Preparer

Feb 01, 2017
Hiring a tax preparer can be difficult. Asking the right questions can make the process a lot simpler.

While there are a lot of tax benefits to being a self-employed contractor in Canada there is also a lot to understand when it comes to the ever-changing tax code.

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Canadian Farming: Are Farming Losses Always Fully Deductible?

Jan 25, 2017
Can Canadian farmers claim all farming losses on their taxes? It depends if the primary source of income comes from farming.

While there are a lot of tax benefits to being a self-employed contractor in Canada there is also a lot to understand when it comes to the ever-changing tax code.

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What You Should Know About Non-Capital Losses

Jan 18, 2017
Understanding how to apply non-capital losses to taxes can help small Canadian business owners either recover previous taxes paid or reduce future income and taxes payable.

While there are a lot of tax benefits to being a self-employed contractor in Canada there is also a lot to understand when it comes to the ever-changing tax code.

Continue Reading
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