We offer a better, more holistic approach than traditional accounting services for small business owners.
How would you like to get started?
Find me tax savings
We won't let you
overpay the CRA.
Organize my books
You need to know where your money goes. We can help.
Process my payroll
Your people paid the right way, at the right time.
Every year we help our Members save over $42 million in taxes. This is what they have to say:
"For years I used the off-the-shelf income tax packages but never felt that I was getting the best solutions. After changing to the FBC advisor, I will never go back. FBC provided an outstanding review and optimized the best course of action on both taxes and estate planning. Outstanding!"
– Don M.
"Very professional, knowledgeable and helpful! I know I am in safe hands with the great team at FBC."
– Jacqueline B.
"FBC handles all of the tax returns and provides ongoing support and advice for my small business. Their expert guidance has been essential to the growth and success of my business."
– Mary E.
FBC Tax Advantage App
FBC Tax Advantage is our Member exclusive mobile app specifically designed to help you organize, track and access your tax files anytime, anywhere.
- Upload tax slips, charitable donations, medical expense receipts and other tax documents needed for your FBC-prepared tax return.
- Capture medical travel records and other receipts on the go simply by taking a picture.
- Check the status of your current tax return and any outstanding documents FBC needs to get it ready for filing.
- Track trends related to total income, taxable income and tax paid.
- Sign and approve your tax documents, right from your phone.
FBC can help with your tax planning and preparation. Learn how we do it below.
What is tax planning?
Tax planning isn’t a once-a-year endeavor. It requires a comprehensive approach to your finances and should be carried out year-round. Careful tax planning is an important element of a well-crafted financial planning strategy. Some decisions that tax planning can help with may include:
- Timing of income and expenses
- Understanding which investments belong to registered versus unregistered plans
- Filing of common available deductions
Fall is the best time to start thinking about your taxes. It allows you to organize your receipts and assess which cost-saving actions you can take before the end of the tax year. Tax planning strategies can include maximizing any deductions, credits, and exemptions provided by tax laws and making contributions to a registered retirement savings plan or tax-free savings account.
FBC works with business owners year-round, helping them make strategic decisions that will result in cost savings when tax season arrives. Other tax planning strategies may involve making capital purchases, safeguarding estates, and optimizing investments. FBC will show you how to efficiently plan year-round, helping you save on your business tax return.
What is tax preparation?
Tax preparation is the process of organizing and filing your annual tax returns. This process involves gathering the necessary financial documents and records to determine whether you’ll owe taxes to the Canada Revenue Agency (CRA) or receive a refund.
Tax preparation may seem like a straightforward process, especially for individuals with simple financial situations. However, it can become more complex for those with self-employment income or multiple income streams and investments. That’s why many business owners hire tax specialists to maximize potential deductions and credits and to ensure their returns are accurate and compliant with tax laws.