Articles: Small Business Taxes

Last updated: 2019-11-06 14:02:48 We love hearing from farmers and small business owners on what they like about being a FBC Member. Here are some of our favourite recent FBC reviews. FBC On-Site Tax Appointment Our Members tell us they appreciate the convenience of an on-site tax appointment at their home or business. Always available to … Read more

Last updated: 2019-10-30 13:03:17 Do you have a disability or a child with a disability? Are you worried about saving for retirement? Then you should open a Registered Disability Savings Plan (RDSP) to help you start building long-term savings. The RDSP shares some similarities with the Registered Education Savings Plan (RESP), which was set up to … Read more

Last updated: 2019-10-28 11:59:22 On Oct. 24, 2019, Alberta Finance Minister Travis Toews presented the province’s fiscal 2019–20 budget. The minister anticipates a deficit of $8.7 billion for 2019-20 and further deficits of $5.9 billion in 2020-21 and $2.6 billion in 2021-22. A surplus of $0.6 billion is projected in 2022-23. There are no new personal … Read more

Last updated: 2019-10-25 10:58:48 Justin Trudeau’s Liberal Party is back in power, but as a minority government this time after the general election on Oct. 21, 2019. The Liberals proposed several changes in their election platform that could have tax implications for small business owners and farmers. Until the federal budget gets released in Spring 2020, … Read more

Last updated: 2019-10-24 10:12:06 For almost a decade, FBC Members Tim and Wendy Wallace have helped dog owners by caring for their pets at their cage-free facility in Muncey, Ont. It all started in 2009 when they saw a news story about All Breed Canine Rescue, which runs out of London, Ont. and the surrounding area.  … Read more

Last updated: 2019-10-22 15:47:25 To say Alistair and Erin Hagan are busy is an understatement. The FBC Members and couple of almost 20 years run a family owned cattle farm in Virden, Manitoba. On top of their day-to-day operations on the farm, they also own and run Hagan Performance and Ranch Horse Sale. Both Alistair and … Read more

Last updated: 2019-10-17 16:09:57 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. … Read more

Last updated: 2019-09-26 14:08:15 If you want to read more about why our Members love our year-round, personalized, all-in-one solution for their farm or small business, here are some of our favourite recent reviews. FBC On-Site Tax Appointment We’ll come to your home or place of business to understand the details of your operation and complete … Read more

Last updated: 2019-09-05 10:45:14 Granted, payroll obligations are not a simple procedure and the red tape may seem overwhelming at times but it is one area that attracts close scrutiny from the Canada Revenue Agency (CRA). Essentially, you have to record and remit deductions for Canada Pension Plan (CPP), employment insurance (EI) and all federal, provincial … Read more