Farm Taxes

Have good records and a record keeping system will help you understand and appropriately assess impacts of a decision on your income tax liability.
The Saskatchewan budget presented on March 22, 2017 by Finance Minister Kevin Doherty includes material changes to personal, corporate and provincial sales tax rates.
Read the following reviews from agriculture groups across Canada learn about the impact of the federal budget on agriculture.
A number of big changes to Canada’s tax laws in 2017 could affect the bottom line for many small business and farm owners.
Operating a small farm business can be very satisfying, but to be financially successful, you also need to have a smart business and tax plan in place.
Hiring a tax preparer can be difficult. Asking the right questions can make the process a lot simpler.
Can Canadian farmers claim all farming losses on their taxes? It depends if the primary source of income comes from farming.
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.
Canada Revenue Agency offers those with dependants a number of tax deductions and credits which can help reduce your taxable income.
Self-employed farmers need to report their income and losses to the Canada Revenue Agency just like any other business owner. But farmers also get special tax breaks.
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