Tax Consultation

FBC provides tax consultation to our farm and small business clients year-round.

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

As wildfires are still burning in many areas of B.C., and thousands of people remain on evacuation order, the government’s focus will continue to be on fire suppression and emergency social services supports.

In the coming weeks, this focus will shift more fully from public safety to recovery.

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 supports as and where they are needed.

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.
Canada Finance Minister Bill Morneau’s fall economic makes consequential adjustments to the dividend tax credit rate and enhances the Canada Child Benefit, in addition to confirming the recent updates around the July 19 consultation paper on small business corporation tax loopholes.
Government not moving forward with small business tax measures relating to the conversion of income into capital gains.
Finance Minister Bill Morneau issued an announcement outlining how he intends to proceed with changes to how passive income earned in private companies is taxed.
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.
While the government stated that it is committed to its proposed private company tax measures to address tax planning involving income sprinkling effective January 1, 2018, it is cancelling changes to limit access to the Lifetime Capital Gains Exemption (LCGE).
To seamlessly operate their business, startups should consider hiring a managed accounting service for all of their tax planning, bookkeeping and business planning needs.
To help minimize how much income tax independent contractors pay to the CRA each year, they need to make the most of their deductions and other tax tips.
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