
Tax Tips for Freelancers and Self-Employed in Canada
Executive Summary Canada's self-employed community faces unique tax challenges that salaried employees never encounter....
Providing Accounting & Tax service in Canada.
BOMCAS Canada, a leading accounting firm, offers specialized services tailored for farms and agricultural businesses in Beaumont, Alberta. Our expertise includes bookkeeping, payroll for various business sizes, and tax preparation and filing for corporations, sole proprietorships, and individual personal tax clients. We serve clients throughout Beaumont, Edmonton, and surrounding areas with both local and virtual accounting services.
With our experienced and qualified team, we're committed to providing comprehensive and reliable accounting and tax services. If you are looking for a trusted partner in managing your finances, BOMCAS Canada provides a complete and tailored solution for you.
Choosing the right accounting firm is essential for the success of your farming or agricultural business. BOMCAS Canada offers a combination of specialized knowledge and personalized service designed to meet the unique demands of this industry. Here’s why we are the best choice for your accounting needs:
You may be operating a farming business, a fishing business, or both. If you run both a farming and a fishing business, farming and fishing income includes income earned from activities from either list below.
Farming income includes income you earned from the following activities:
In certain circumstances, you may also earn farming income from:
Fishing income includes income you earned from the following activities:
It also includes income from:
BOMCAS Canada offers a comprehensive suite of services including bookkeeping, payroll, tax preparation, strategic tax planning, and business advisory services tailored to the farming and agricultural sectors in Beaumont.
Our team has extensive knowledge of farm and agriculture accounting, including cash basis accounting, farm income averaging, and tax planning specific to the industry, as well as many of our experts come from the agriculture sector themselves.
Yes, we provide QuickBooks training and support to help you streamline your financial operations, ensuring accuracy and efficiency.
We offer comprehensive tax preparation and strategic tax planning to minimize your tax liabilities, maximize your benefits, and help your business grow with our expert tax advice.
We assist in long-term planning for your farm or agricultural business, ensuring a smooth transition for the future with our specialized succession planning services. We also help with financial and entity structuring as well.

Executive Summary Canada's self-employed community faces unique tax challenges that salaried employees never encounter....

Executive Summary Canada's Goods and Services Tax (GST) and Harmonized Sales Tax (HST) system...

Executive Summary Canada's approach to cryptocurrency taxation has become increasingly sophisticated, with the Canada...

Executive Summary Filing your personal income tax return online in Canada has become the...

Executive Summary For Canadian small business owners and self-employed professionals, understanding tax deductions and...

Executive Summary Canada's cannabis industry operates in a uniquely complex tax environment. While recreational...

Executive Summary Self-employed professionals face a unique retirement challenge: they receive no employer pension...

Executive Summary Choosing between QuickBooks Online and Xero is one of the most critical...
181 Meadowview Bay, Sherwood Park, AB T8H 1P7, Canada (Online Clients Only)
6063 88 St NW, Edmonton, AB T6E 5T4, Canada
Calgary, Alberta, Canada (Coming Soon)