FAQ: Farmers Ask Questions
Learn if your farm business is eligible for current government programs at our short webinar.
With the recent COVID-19 pandemic, your farm business may be eligible for current government programs. In this short webinar, Darren Swann, an Agriculture Tax expert with MNP answers some of your most asked questions, including:
- Will a breeding herd sale affect my ability to qualify for the Canada Emergency Wage Subsidy?
- What is the timing of the income inclusion for the Canada Emergency Business Account (CEBA) loan?
- What are my options for farmland and triggering capital gains with possible government changes?
For more information, contact Darren Swann, CPA, CA at [email protected] or 403.309.1232.
For the latest business advice or to contact your local Agriculture Business Advisor visit MNP.ca
Related Content
-
Progress
Your farm succession plan isn’t complete until it exists in writing
The average age of farmers in Canada is increasing. Having a written succession plan becomes more important as you age, to help secure your legacy, protect your farm operation, and reduce conflict.
-
Performance
Cash vs. accrual: Pros and cons of each reference margin reporting option for AgriStability
When it comes to the kind of financial reporting you’re doing for your farm, there are significant differences between cash and accrual reporting, especially when it comes to AgriStability payments. To better understand what might be more beneficial for your farm, it’s key to assess your operation to determine how best to move forward.
-
ConfidenceDecember 20, 2023
Bare trusts: Many Ontario farmers expected to have new tax filing requirements
The end of 2023 brings a new tax filing burden for farmers with regards to bare trusts. Learn how this new legislation with have a significant impact.
Insights
-
Performance
April 24, 2024
How monitoring your results can help you make informed decisions for your manufacturing business
How can you make informed decisions to support the future of your manufacturing business? These tools can help you achieve the right results.
-
Performance
April 17, 2024
Conflict in the workplace: the ripple effect on small businesses
Conflict in the workplace can impact small businesses, affecting team dynamics, productivity, and company culture.
-
Confidence
April 17, 2024
Following these steps will protect your practice value if emergency strikes
You can’t predict the future, but building a plan helps to keep your business protected.