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

Top Tips for Paying Less Tax as an Independent Contractor in Canada

4 October 2017

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.

Tax Filing Differences Between Employed and Self-Employed Contractors

20 September 2017

Here are some key difference between filing taxes as an employed contractor vs. a self-employed contractor.

Things You Should Know as a Self-Employed Contractor in Canada

13 September 2017

While there are a lot of tax benefits to being a self-employed contractor in Canada there is also a lot to understand when it comes to the ever-changing tax code.

Cash Dealings Resulting in Growing Underground Economy

Read more about Cash Dealings Resulting in Growing Underground Economy

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.

All Small Business Owners Should Be Expecting a Call from CRA

6 October 2014

If you're a self-employed individual or own a small business, specifically a cash-based business, be aware that you're a prime candidate for a CRA tax audit.

Tax Credits for a Safer Home (Ontario and BC)

16 April 2014

Ontario and British Columbia renovation tax credits assist individuals 65 and over to make improvements to make their home safer and more accessible.

It’s Tax Season! Are You Ready?

5 February 2014

Do you have your papers and records ready for your 2013 tax return? It can be a hectic time getting ready and it’s easy to miss something. Use the following information to help you get ready.