Blog | FBC, Canada's Farm & Small Business Tax Specialist

a woman uses a calculator while handling her own bookkeeping

8 benefits of hiring a professional bookkeeper

Sep 28, 2020

Find out what benefits your business will see if you outsource your bookkeeping.

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

a man writes on a notepad, calculating his work space from home expenses

Work-space-in-the-home expenses for remote employees

Jul 30, 2020

Right now, if an employee wants to claim work-space-in-the-home expenses, certain conditions must be met. Find out what the current rules are surrounding work-space-in-the-home expenses, what paperwork your employees will need and how they can claim this expense on their tax return.

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

A guide to COVID-19 financial relief for small business

Mar 18, 2020

Read up-to-date information about all new federal programs that help small businesses impacted by COVID-19. You’ll also find links to free tools to help you with program applications.

Tags: member updates, covid-19 updates, government updates

What your small business needs to know about COVID-19

Mar 17, 2020

On March 11, 2020, the World Health Organization declared the outbreak of the 2019 coronavirus disease (COVID-19) a pandemic. The World Health Organization says everyone must play a role to stop the spread of the disease. This includes businesses and employers.

Tags: Farm Taxes, Financial Planning, Small Business Taxes, Tax Preparation, Tax Planning, Tax Consultation, covid-19 updates

a man rubs his forehead and is looking down at his taxes, stressed about late filing

Late filing penalties for small business taxes

Mar 12, 2020

Learn what penalties you face if you're late filing your small business tax return.

Tags: Bookkeeping, Financial Planning, Small Business Taxes, Tax Preparation

A lighthouse in nova scotia with a sunset behind it

Nova Scotia Budget Report 2020

Feb 28, 2020

Starting April 1, 2020, the general corporate tax rate in Nova Scotia will decrease from 16% to 14%. The small business tax rate will decrease from 3% to 2.5%. Read the highlights from our tax analysts.

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

B.C. Budget Report 2020

Feb 25, 2020

On Feb. 18, 2020, B.C. Finance Minister Carole presented the province’s fiscal 2020–21 budget. Our tax analysts have reviewed the updates and listed the highlights.

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a white sign that says FBC Reviews on a corkboard background

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

a clock with a sticker that says "tax time" on it

What you need to know about small business tax filing

Feb 12, 2020

If you’re self-employed or a small business owner, getting ready for tax filing can be daunting. To help make the filing process less stressful, we’ve listed what you need to know for filing your 2020 tax return.

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

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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