Most farmers and agricultural producers think of tax season as January through April.
Only then do they start thinking about how much money they're going to owe to the CRA.
And every year, this simple act of waiting costs Canada’s farmers millions of dollars in lost tax savings.
Sometimes farmers don’t realize the impact that decisions they make today will have on the taxes they’ll pay in the future.
Now is the perfect time to think about what actions you can take before the end of the tax year to lower your future income taxes.
Download our free year-end tax planning toolkit to learn these strategies and more:
- Tax planning strategies for farms that you can apply before December 31
- How registered savings accounts provide tax relief and tax-sheltered growth
- Top tax deductions to reduce farming business income tax
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Download your free toolkit from FBC to unlock 10 key strategies that will optimize your tax return and help you keep more money in your pocket. No catch, no cost - simply click the green link above for your copy of the guide.