Accounting & Taxes

While selling grain to the U.S. is becoming easier, Canadian farmers likely need to file a U.S. federal income tax return with the IRS to avoid major penalties.

To get the best business results, start thinking about taxes and talk to your accountant or tax advisor early.

Land transfer tax rules vary across the provinces. To avoid unnecessary expenses, producers should know the rules and deadlines involved.

Deciding to buy or lease farm equipment can be difficult. Lance Stockbrugger explains the differences and how it can affect your cost of production.

Changes to the federal Tax on Split Income rules have gone through revisions in the last few years, and some experts say they are still seeking clarity on some aspects of the rules.

As farm profit margins tighten financial resilience will be important. What can we learn from the downturn in the U.S. farm sector?

Tax rules on rented land held in a corporation have changed, but not as drastically as originally proposed.

The way we file farm invoices has changed. Here’s how to keep your e-documents organized and find a digital filing system that works.

Farms are expensive. For families in transition, ensuring the next generation has enough capital to buy the farm while leaving the previous generation with enough to retire can be challenging.

Making the jump from a sole proprietorship farming operation to a corporation brings with it several advantages, along with some additional management responsibilities.