Monday, November 01, 2010 by Ron Friesen
In past articles, we have discussed the capital gains deduction and the assets a farmer might own that qualify for the deduction. We also discussed the use of a partnership in a farming operation. In this article, we will discuss the potential use of the capital gains deduction on the incorporation of your farm partnership. View the full article.
Friday, October 01, 2010 by Ron Friesen
A typical family farm operation generally takes the shape of three main forms: a proprietorship, a partnership or a corporation. There are significant tax planning benefits available when operating a farm in a partnership structure as opposed to sole proprietorship. View the full article.
Wednesday, September 01, 2010 by Ron Friesen
Saskatchewan business owners and farmers may be missing out on significant tax savings. The capital gains deduction allows you to claim a deduction of up to $750,000, which can be used to offset capital gains incurred on the disposition of either qualified small business corporation shares or qualified farm property. View the full article.
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