Hundreds of thousands of Canadians transitioned to working from home when the COVID-19 outbreak was declared a pandemic. If you’re one of them, you know that working from home comes with its own costs (heating, electricity, maintenance).

As a small business owner, you can deduct expenses for the business use of a work space in your home.

The CRA has announced it is starting to gear up its full auditing powers that were mostly suspended since the outbreak began. Find out how this could affect you if you've applied for COVID-19 financial aid programs.

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.

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.

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 2019 tax return.

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.

Download a free tax readiness toolkit for small business owners.

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.

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

Make sure you keep records of all your farm business transactions to be able to support your expense claims.

You are required by law to keep receipts or other vouchers when you purchase something for your farm business.

Keep your records for at least six years after your last Notice of Assessment, which is as far back as the CRA will ask to see them in case you are audited.

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.