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5 Tax-Saving Strategies for Canadian Small Business Owners

There are a number of simple, effective money-saving strategies that small business owners can use to optimize their year-end tax planning.

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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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What to Expect from Accounting Professionals Regarding Your Family Business Taxes

Accounting professionals can help family run businesses in Canada manage their business accounts, minimize taxes, maximize profits, and save money.

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Expert Tips for Filing Your Business Taxes

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.

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Consequences of Not Filing Business Tax Returns in Canada

Business owners that do not file their tax returns or do not report all income can face stiff penalties or even prosecution. The tax experts at FBC will make sure that never happens.

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Business Taxes You Need To Pay If You Own a Farm

In addition to understanding farm tax deductions and credits, it’s important for farmers to understand what their farm business tax obligations are.

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Good Bookkeeping Key to Worry-Free Tax Preparation

Have good records and a record keeping system will help you understand and appropriately assess impacts of a decision on your income tax liability.

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Debunking Myths about Small Business Tax Returns

Tax myths can make filing your tax return stressful. Tax myths can also increase your chances of being audited and reduce your tax return.

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Rules for Principal Residence Deduction

Rules for Principal Residence Deduction

You don't need to pay any tax on capital gains made from the sale of your principal residence. However, you do need to report the sale of your principal residence. And it gets a little more confusing when it comes to agricultural and farm property.

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