Marty hammond stands in front of his van, Ace of Spades Landscaping

FBC Member Spotlight: Ace of Spades Landscaping

Oct 18, 2019
For more than a decade, Marty Hammond worked for landscaping companies in Niagara Falls before deciding to strike out on his own. He wanted to provide superior service to customers and focus on quality over quantity. So in 2009 he took the leap and started his own company, Ace of Spades Landscaping.

Tags: Small Business Taxes, Trades Taxes

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a woman looks at her mileage app while exiting her car

How to keep a CRA mileage log for vehicle expenses

Sep 13, 2019
If you’re self-employed and using your vehicle for business use, are you keeping a mileage log? If you’re audited by the Canada Revenue Agency (CRA), and you don’t have one, the CRA could reject your claims for motor vehicle expenses. Avoid CRA scrutiny with our tips and tricks on keeping a mileage log.

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

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Business owner looking at laptop

How to find the industry code for your tax return

May 22, 2019
If you’re self-employed, you'll need to include an industry code on your tax return. Find out what it is and where to find it.

Tags: Financial Planning, Small Business Taxes, Tax Preparation

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Tax strategies for Canadian Entrepreneurs

Canadian Small Business Tax Planning Strategies

Jun 23, 2018
There are a lot of tax strategies that Canadian entrepreneurs can take advantage of to decrease their taxes and increase their income.

Tags: Small Business Taxes

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Construction Tax

Tips for Paying Less Tax as an Independent Contractor

Oct 04, 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.

Tags: Trades Taxes, Tax Consultation

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Employee or Self-Employed Contractor Tax Filing Differences

Tax Differences: Employee vs Self-Employed Contractor

Sep 20, 2017
Here are some key difference between filing taxes as an employed contractor vs. a self-employed contractor.

Tags: Trades Taxes, Tax Consultation

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Contractor Canada Tax

What Canadian Self-Employed Contractors Need to Know

Sep 13, 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.

Tags: Trades Taxes, Tax Consultation

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AUDIT TRIGGERS CRA

The CRA has an eye on small business owners

Oct 06, 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.

Tags: Audit Representation, Trades Taxes, Small Business Taxes

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Tax Credits for a Safer Home (Ontario and BC)

Apr 16, 2014
Ontario and British Columbia renovation tax credits assist individuals 65 and over to make improvements to make their home safer and more accessible.

Tags: Trades Taxes, Tax Preparation

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It’s Tax Season! Are You Ready?

Feb 05, 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.

Tags: Trades Taxes, Farm Taxes, Small Business Taxes, Tax Preparation, Transportation & Logistics

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