Tax Planning

Taxes are often not top of mind during the Fall season. However, tax planning now can save small business owners, specifically farmers and truck owner operators at tax time.
Tax planning has to be an integral part of your day-to-day operations. If you're not taking steps year-round to minimize the amount you'll eventually have to pay in taxes, then you're costing your business huge amounts of money that you'll never get back.
The prospect of being selected for an audit by the CRA is likely a scary one for many business owners.
Your calendar revolves around the planting season, not government program deadlines and taxes. This quick reminder of important dates for the year will help keep you growing and ensure you don't miss any tax deadlines which could incur interest and penalities.
Bill C-691 looks to reform the Income Tax Act so business succession is less costly.
Here are 3 of the more common payroll blunders to be mindful about, according to the Canadian Payroll Association. 
Are the farmers of today ready to hand off their business to the generation of tomorrow? Apparently not, a new poll reveals.
From 2007 to 2012, Canada's underground economy grew larger, increasing by 14%. CRA does devote a large amount of their resources to finding unreported income.
Before you get your farm in Ontario started, there are a few things that are important to be aware of as it pertains to property taxes. 
If you've been furiously working away at your taxes in order to get them done or have put it off to the last possible minute, take heart - you've got some extra time to file thanks to a human error at CRA.
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