Lori and Bobby Hurry - Lake Fraser - FBC Member Spotlight

FBC Member Spotlight: Canada's Grocery Store and More

Nov 25, 2020
When the Endako Mine closed at the end of 2014, the Village of Fraser Lake lost its biggest employer. About a year later, the only grocery store in the community closed too. It was a tough time for the town. That’s when Lori and Bobby Hurry decided it was time to do something about it.

Tags: Small Business Taxes

Continue Reading
Government Alert - Federal

Canada Emergency Rent Subsidy Program

Nov 17, 2020
The federal government is launching a new rent relief program for small businesses impacted by COVID-19. They’ve released the draft legislation and proposed details for the first 12 weeks of the program. Find out if you qualify and how to apply.

Tags: government updates

Continue Reading
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

Continue Reading
man looks at a tax bill

Potential tax implications of COVID-19 spending

Aug 07, 2020
What are the tax implications of the government’s financial response to COVID-19? Our columnist outlines a few possibilities.

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

Continue Reading
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

Continue Reading
man writing on paper

COVID aid paperwork must be in order as audits loom

Jul 10, 2020
The CRA has announced it is starting to gear up its full auditing powers that were mostly suspended since the outbreak began. Find out how this could affect you if you've applied for COVID-19 financial aid programs.

Tags: Audit Representation, Legal & Compliance, Small Business Taxes, Tax Consultation, Tax Planning, Tax Preparation

Continue Reading
Red background with words Government Federal Update and the FBC logo

COVID-19 Update: Canada Emergency Response Benefit

Mar 25, 2020
Prime Minister Justin Trudeau announced on Wednesday that the House of Commons has passed an emergency bill for the government’s COVID-19 emergency response. Learn more about the new Canada Emergency Response Benefit.

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

Continue Reading
photo of the canadian flag

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

Continue Reading
a blue graphic with the text: COVID-19

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

Continue Reading
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

Continue Reading