a hand writing the word TAX on a piece of paper

What you need to know about your Notice of Assessment

After you file your tax return, you’ll be issued a Notice of Assessment (NOA) from the Canada Revenue Agency (CRA). We provide some tips on what to look for when you receive your NOA, common reasons for discrepancies between your NOA and tax return and how to handle them.

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Is a Group RSP right for your small business?

You’re likely familiar with the Registered Retirement Savings Plan (RRSP), which gives Canadians a way to shelter income tax until retirement, but have you considered a Group Retirement Savings Plan for your employees?

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Can you get the Canada Child Benefit if you’re self-employed?

The Canada Child Benefit is a tax-free monthly payment for those with children under the age of 18.

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Tax Tips for Bringing Personal Assets into a Business

Tax Tips for Bringing Personal Assets into a Business

Transferring personal assets into a small business is not uncommon, but there are a number of costly tax implications that follow these types of transfers.

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Ontario Budget Report 2019

Ontario Budget Report 2019

The Ontario 2019 provincial budget includes a range of cost-cutting measures to help move the province towards a balanced budget but also introduced key spending initiatives. The budget focused on 4 key initiatives: Deficit reduction; Child-care support; Education and Healthcare; and Transit.

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Beware of Fake CRA Communities and Email Scams

Beware of Fake CRA Communities and Email Scams

Protect Yourself from CRA Tax Scammers: Tax scammers pretend to work for the CRA looking to steal your personal financial information and identity.

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8 Reasons Why Your Small Business Should Hire a Bookkeeper

8 Reasons Why Your Small Business Should Hire a Bookkeeper

If you’re a small business owner and don’t like number crunching, hiring a bookkeeper can help you save valuable time and money, especially during tax season.

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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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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.

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BC Wildfire Recovery Programs Available for Farmers, Small Business Owners and Families

To assist families and businesses in recovering from the damages caused by emergencies both this year and in future years, the Province is developing a recovery plan and working to deliver support as and where they are needed.

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“At least eighty percent of millionaires are self-made. That is, they started with nothing but ambition and energy, the same way most of us start.” — Brian Tracy