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FBC Reviews: February 2020

Feb 19, 2020
Read the latest FBC reviews to learn how we help our Members make life less taxing.

Tags: Farm Taxes, Small Business Taxes, Trades Taxes

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a photo of a visa gift card, which is a non-cash benefit in the eyes of the CRA

Taxing non-cash benefits to employees

Feb 05, 2020
A non-cash benefit includes a good, service or property you own that you give to your employee. If that property is paid for by you and provided to your employee, it is still considered a benefit of employment. Find out how these benefits are taxed.

Tags: Farm Taxes, Tax Consultation, Tax Planning, Tax Preparation, Trades Taxes

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Free eBook: Tax Readiness Toolkit

Jan 27, 2020
Download a free tax readiness toolkit for small business owners.

Tags: Farm Taxes, Small Business Taxes , Trades Taxes, Tax Planning, Tax Preparation, Tax Consultation

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a man is on his laptop and rubbing his forehead in frustration from dealing with the CRA

What Canadians think about the CRA's customer service

Jan 22, 2020
Canadians told the CRA what they think about the CRA's customer service in a series of consultations last spring. The CRA recently released the full report and we summarize what Canadians want improved.

Tags: Farm Taxes, Small Business Taxes, Trades Taxes, Tax Consultation, Tax Planning, Tax Preparation

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Tax deductions for Canadian farmers

Jan 15, 2020

If you’re a farmer or agricultural producer, you can deduct certain expenses you incurred to earn your income.

Make sure you keep records of all your farm business transactions to be able to support your expense claims.

Tags: Farm Taxes, Tax Consultation, Tax Planning, Tax Preparation

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Know the rules when paying family for farm work

Jan 08, 2020
Find out what the CRA requires from you when you're paying your family for farm work.

Tags: Farm Taxes

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FBC Reviews: January 2020

Jan 01, 2020
We’re honoured when we get feedback from small business owners and farmers on what they like about FBC’s year-round Membership model. Here are some of our favourite recent FBC reviews collected through Rocket Referrals.

Tags: Farm Taxes, Small Business Taxes , Tax Planning, Tax Consultation, Tax Preparation, Trades Taxes

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Should I take my Canada Pension Plan benefits early?

Dec 16, 2019
Find out if you should start collecting your Canada Pension Plan benefits as early as one month after you turn 60 or as late as age 70.

Tags: Farm Taxes, Small Business Taxes, Tax Consultation, Tax Preparation, Tax Planning, Trades Taxes

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Top small business tax deductions

Dec 09, 2019

If you’re self-employed or a small business owner, you know how quickly business expenses can add up.

Luckily, there are plenty of tax deductions you can take advantage of to lower your taxes.

Tags: Bookkeeping, Farm Taxes, Small Business Taxes, Trades Taxes, Tax Consultation, Tax Preparation, Tax Planning

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FBC Reviews: December 2019

Dec 02, 2019
Read our favourite reviews from farmers and small business owners. They tell us what they love about being a FBC Member.

Tags: Farm Taxes, Small Business Taxes, Tax Consultation, Tax Planning , Tax Preparation, Trades Taxes

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