FBC Farm Tax Specialists

Helping Canadian Farmers pay less tax through Tax Planning, Consulting and Audit Representation. #CdnAg Also follow @fbcsmallbiztax

[FBC Farm Tax Specialists @FBCFarmTaxes]

We’re proud to introduce the new FBC.
New logo. New look. Same unwavering commitment to our Members.
This is just the beginning.

✨ Welcome to the future of FBC: Complete financial support for the road ahead.

[FBC Farm Tax Specialists @FBCFarmTaxes]

We're getting ready to unveil a bold new chapter in our story.
On June 16, the new FBC arrives — and we think you're going to love what's ahead.
Any guesses on what’s changing?

[FBC Farm Tax Specialists @FBCFarmTaxes]

Small business owners want to minimize their tax burden and maximize their profits. While incorporating can help you pay less tax, is it right for you and your business?

Learn more on our blog: https://t.co/SYOLKJCXVe

[FBC Farm Tax Specialists @FBCFarmTaxes]

Tax season is here, but don’t worry—we’ve got your back. With our Tax Preparation Toolkit for Farmers and Agricultural Producers, you’ll find everything you need from important deadlines, tax rates, tax deductions and write-offs you shouldn’t miss out on. https://t.co/yA6PdWtN0H

[FBC Farm Tax Specialists @FBCFarmTaxes]

Tax season is here, but don’t worry—we’ve got your back. With our Tax Preparation Toolkit for Small Business Owners, you’ll find everything you need from important deadlines, tax rates, tax deductions and write-offs you shouldn’t miss out on.

Get it here: https://t.co/go799lqgmP

[FBC Farm Tax Specialists @FBCFarmTaxes]

You’ve worked tirelessly on your farm. Now, it’s time to reap the rewards… and pay as little tax as possible.

Learn the truth about interspousal transfers on farm properties in our blog: https://t.co/a71lAJzSqI

[FBC Farm Tax Specialists @FBCFarmTaxes]

The Canadian government’s 2024 Fall Economic Statement (FES) was released on December 16, 2024, and outlines various initiatives to strengthen the economy and support key sectors, including agriculture and small businesses.

Read more:https://t.co/ivx7CFBVlO

[FBC Farm Tax Specialists @FBCFarmTaxes]

Wishing all of our Members, friends and followers a happy new year! Here's to a successful and prosperous 2025!

#HappyNewYear #FBC #2025

[FBC Farm Tax Specialists @FBCFarmTaxes]

Did you turn 71 in 2024? Today may be the last day to convert your RRSP to an RRIF.

Learn more on our blog:https://t.co/BtiksuV7xN

[FBC Farm Tax Specialists @FBCFarmTaxes]

Misunderstandings swirled as farmers tried to prepare for the impact of the new capital gains inclusion rates, which took effect in June 2024.

Our latest blog looks at how new tax rules potentially impact the sale or transition of your farm: https://t.co/A8MhHypnOc

[FBC Farm Tax Specialists @FBCFarmTaxes]

While most Canadians are never subject to Alternative Minimum Tax (AMT), business owners and farmers who generate high income – such when they go to sell property – may find themselves surprised when they are suddenly subject to it.

Learn more: https://t.co/7DU9nRLHxB

[FBC Farm Tax Specialists @FBCFarmTaxes]

When the time comes to sell the family farm, understanding capital gains taxes and exemptions can help you ensure you and the next generation will thrive.

We help break down what this means and how it impacts you in our latest blog: https://t.co/I5nEypWBg8

[FBC Farm Tax Specialists @FBCFarmTaxes]

Like farming, tax planning is a year-round activity, and the end of the calendar year is the perfect time to implement strategies to maximize tax savings.

Check out some areas worth reviewing before the new year: https://t.co/QtvFQM4lNr

[FBC Farm Tax Specialists @FBCFarmTaxes]

You’ve been saving money for years in your registered retirement savings plan (RRSP) and now could be the time to cash in. If you're turning 71 in 2025, now might be the time to convert your RRSP to an RRIF.

Read our blog to learn more: https://t.co/BtiksuV7xN

[FBC Farm Tax Specialists @FBCFarmTaxes]

🚨 We've Moved! 🚨

Exciting news for our London, ON Members! Our FBC office has a new home.

📍 New Address:
1940 Oxford Street East, Unit 1
London, ON N5V 4L8

We’re still here to support your business, just from a fresh new space. Stop by and say hello! 👋

[FBC Farm Tax Specialists @FBCFarmTaxes]

Whether you sold off assets or hedged your bets before Canada’s new capital gains rules kicked in on June 25, understanding these changes is crucial for corporations, trusts, high-income individuals, and even cottage owners.

Learn more here: https://t.co/ubUeQy0JCh

[FBC Farm Tax Specialists @FBCFarmTaxes]

Complex tax laws can threaten to erode the value of your estate, and diminish your legacy. Luckily, FBC can help you minimize the tax burden.

Learn more about how we helped protect a Member's legacy and save them millions:https://t.co/p16DPu1bz9

[FBC Farm Tax Specialists @FBCFarmTaxes]

The self-employed tax deadline is coming up! If you need help with yours, we are here to help.

[FBC Farm Tax Specialists @FBCFarmTaxes]

For over 30 years, we've been bringing tax relief and convenience to Florence's doorstep. Let us do the same for you!

[FBC Farm Tax Specialists @FBCFarmTaxes]

After you file your tax return, you’ll be issued a Notice of Assessment (NOA) from the CRA. We provide some tips on what to look for when you receive your NOA, common discrepancies between your NOA and tax return, how to handle them, and more on our blog: https://t.co/CRQHiZIWxD