10 years ago
combine in field

Share cropping is not as common as it used to be, but it is still a popular arrangement between landowners and renters.
 Much depends on the landlord’s involvement in the production process when paying tax on the proceeds from this type of rental agreement.
 This helps determine if the revenue should be taxed as rent … Read more

10 years ago
When A CRA Notice of Assessment Arrives

Millions of Canadian small business owners may not yet be thinking about their annual tax filings, with April 30 so far away. However, the end of the year is often the best time to start planning for how they’re going to handle this crucial financial step. Once they do, though, it’s important for those entrepreneurs … Read more

10 years ago
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As a small business owner, you need to spend as much time as possible analyzing and optimizing your tax return. You don’t want to miss out on a single potential deduction, after all – every dollar that you could have saved, but failed to, is a dollar that your business might need in the future. … Read more

10 years ago
Tax tips graphic

Do you feel like 2016 is going to be a great year for your business, one where you’ll reach your goals? Hope always springs eternal when Jan. 1 comes around, and this year is no different. However, many Canadians aren’t as optimistic about reaching their goals as they’ve been in the past. At least according … Read more

10 years ago
Scammers Posing as CRA Agents

Photo: Nate Brideau Local Tax Specialist with FBC works in his office on Portage Avenue. He recently helped a client deal with a scam artist trying to bill her with close to $5,000 of charges. Photo by Ruth Bonneville. This story originally appeared in the Winnipeg Free Press on Wednesday, October 28, 2015. A closer … Read more

10 years ago
FBC Partners With Ag More Than Ever

Let’s tell the real story of Canadian agriculture, together. FBC is proud to announce our official partnership with Agriculture (Ag) More Than Ever. What’s Ag More Than Ever? It’s a national, industry-wide cause made up of over 425 partners and 1,500 agvocates, all dedicated to improving perceptions, changing misperceptions and creating positive dialogue about Canadian … Read more

10 years ago
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Originally published May 28, 2014. If you received a tax instalment letter from CRA? Give us a call! 1.800.265.1002 CRA requires taxpayers to make quarterly tax instalments when there’s a large amount owing in previous years. If your net tax owing for 2013 or 2014 was greater than $3,000 you likely received a letter from … Read more

10 years ago
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Whether you have kids or not, September always brings thoughts of school, changing seasons and new beginnings. So, taxes may be the last thing on your mind. That’s why FBC is here; to always be working to make your life less taxing and put more money in your pocket. The Fall is a perfect time … Read more

10 years ago
Bookkeeping, Taxes and Small Business

For many small business owners, few tasks are as daunting as handling their own bookkeeping. That doesn’t have to be the case, though, in more ways than one: there’s affordable, top-shelf bookkeeping support available to farmers and small businesses across Canada, and the firms offering it can help to make paying your taxes just another … Read more

10 years ago
Is Revenue from Oil Companies for Land Lease Taxable?

Despite the precipitous decline in oil prices, or maybe because of it, farmers and land owners are increasingly being approached by oil companies for access to their properties for exploration of oil and natural gas resources. Although Alberta and Saskatchewan farmers have had longtime experience with this issue, Manitoba farmers are seeing a significant increase … Read more