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

How You Can Pay Less Tax with a Year-End Tax Plan

A year-end tax plan presents an opportunity for you to minimize your taxes and improve your financial position come tax season next spring; resulting in a larger tax return or at least a lot less tax owing.

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View Our Library of Tax Saving eBooks to Add to Your Reading List

FBC continually researches and keeps up to date on the ever changing tax law and how they affect farmers and small business owners. Check out these eBooks and Infographics.

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Tax Consequences of Divorce

No one enters a relationship with the plan to later part ways, but it does happen and there are tax consequences to consider if it does.

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2016 Manitoba Budget Report

Recent Manitoba budget reports that the financial situation for the province has worsened and the revised budget deficit for the 2015/16 fiscal year is now $1.011 billion which is up from the $422 million deficit predicted in last year’s budget.

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2016 Alberta Budget Report

On April 14, 2016, the Honourable Joe Ceci, President of Treasury Board and Minister of Finance, presented his second budget and the second budget of Alberta’s NDP government.

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Crop Share: Farm or Rental Income?

CRA considers that a crop share received by a landowner is rental income and not income from farming. However, you could be considered to be in the business of farming if the sharecropper is an employee who receives a crop share in lieu of salary.


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2016 Ontario Budget

“Jobs For Today & Tomorrow!” On February 25, 2016, the Honourable Charles Sousa presented his 5th budget as Minister of Finance. Continuing on its path to balance the budget in 2017-18, the government’s plan for economic growth and job creation focuses on 4 tenets:

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2016 British Columbia Budget

The B.C. government introduced another balanced budget for 2016, which includes forecast surpluses in all 4 years of the fiscal plan and modest investments in priority areas. The provincial economy is expected to grow by 2.4% in 2016 and 2.3% in 2017.

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Maximize Your Savings With a Personalized Tax Plan

As a small business owner, you need to spend as much time as possible analyzing and optimizing your tax return.

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