David Wickenberg, CPA, CA, CFP
David grew up in Edmonton and after going to McNally High School enrolled at the University of Alberta. David initially enrolled in general sciences in order to have some flexibility in deciding what career path to follow. Teaching, computer science and business were all considerations but it was the flexibility and potential of a business career that led David to the faculty of business. An accounting major appealed to David in his final year since it provided the opportunity to interact with many different people and fulfill his desire to teach others what he knows.
David received his B.Comm from the University of Alberta and was awarded his CA designation in 1990. After articling with KPMG he worked for two years in industry. First as a lending officer at a trust company and then at a large retailer as CFO.
David began his own practice in 1992 and after 4 years on his own merged his practice with Gary Koehli’s to form Koehli Wickenberg now KWB LLP. David received his Certified Financial Planner (CFP) designation in 1997 and uses that knowledge to provide full service plans that merge company and personal strategies.
David is married and has two children.
David has previously served on the board of Deal Generator, an initiative of EDE. He also served on the Board of the CKUA Radio Foundation and was the vice-chair for 2005 and 2006 and chair of the planning committee during that same time. It was during his term as chair of the planning committee that he helped develop the first full strategic plan for CKUA.
David was a member of TEC, the Canadian arm of Vistage, the world's largest executive coaching organization, for almost 15 years. It is through TEC that he learned the value of Culture, Vision, Mission as well as many other tools that KWB uses. The knowledge learned from TEC helps KWB assist small businesses in achieving better results.
When he’s not preparing tax plans and managing the business, David loves to play basketball or squash and also spend lots of time with his family.
Other Posts by David
Changes to Employer-Provided Benefits and Allowances
Canada Revenue Agency (CRA) has made changes to taxable benefits for employment conditions such as working from home, commuting, meal costs, etc. These changes are valid for the period between […]
Certain COVID-19 Benefits are Being Extended
Due to the continued effect of COVID-19 on jobs and businesses, the following benefits are being extended: Canada Recovery Benefit (CRB) – extended by 12 weeks, from 26 weeks to […]
Here’s some of the changes to T4 reporting for 2020 required by the Canada Revenue Agency (CRA). “Other Information” Codes Four new codes have been introduced to the “Other Information” […]
Canada Summer Jobs (CSJ) Program
The Canada Summer Jobs Program can cover up to 75% of your wages. If you are planning to hire between April 26th and February 26, 2022 and want to take […]
EDC Business Credit Availability Program (BCAP) Guarantee for Canadian Businesses
One of our goals this year is to show you how having control over your business cash flow will help you to reach your cash flow goals sooner. Cash flow […]
December 2020 – Updates to the Small and Medium Enterprise Relaunch Grant
If you applied for the Canada Emergency Wage Subsidy (CEWS) in April or May, you could receive additional funding from the Small and Medium Enterprise Relaunch Grant. At KWB, our […]
Canada Emergency Business Account (CEBA) Loan – Additional $20,000 for Small Businesses
Starting on Friday, December 4, 2020, eligible businesses facing financial hardship as a result of the COVID-19 pandemic are able to access a second CEBA loan of up to $20,000 […]
Alberta Fire Code Occupant Load
On Site Fire Protection recently contacted us to inform us of the new occupant load restrictions due to the COVID pandemic. We believe that many of you will benefit from […]
Tracking Your Mileage
If your business involves any driving, you should be tracking your mileage by using a mileage tracker like Triplog. If you’re thinking that you’re already drowning in paperwork and don’t […]
Canada Recovery Sickness Benefit (CRSB) Explained
“The Canada Recovery Sickness Benefit (CRSB) gives income support to employed and self-employed individuals who are unable to work because they are sick or need to self-isolate due to COVID-19, or […]
Save Money with a Health Services Plan
Save Money with a Health Plan
How can you save $100’s and maybe $1,000’s in taxes in one simple step? Are you an employee of your own company and do you have significant medical expenses each year of $2,000 or more not covered by a health plan? Then creating a “Private Health Services Plan” (PHSP) as soon as possible could save you big dollars.
Supply Chain Disruption
Supply chain disruption has already occurred due to COVID-19 and it’s likely to get worse before it gets better. Measures that exist to avoid a reintroduction of the virus and […]
8 Tax Saving Tips
Here are 8 great tax saving tips: Tax Savings Tip #1: Keep complete records Be diligent about your record keeping to avoid lost receipts that can mean missing out on […]
KWB’s Wage Subsidy Assessment and Application
A rapid response plan for your business Applications for CEWS (Canada Emergency Wage Subsidy) will start being received by the government as of Monday, 27 April 2020. While businesses may […]
The Canada Emergency Wage Subsidy – What It Means for Canadian Businesses – 2 April, 2020
To help businesses keep and return workers to their payroll through the challenges posed by the COVID-19 pandemic, the Prime Minister, Justin Trudeau, proposed the new Canada Emergency Wage Subsidy. […]
What is the Work-Sharing Program?
Work-Sharing (WS) is a program that helps employers and employees avoid layoffs when there is a temporary decrease in business activity beyond the control of the employer. The program provides […]
Year End Tax Tips
Review our year end tax tips to discover a number of perfectly valid actions you may still be able to take before the end of the year to cut your […]
Spousal Loan – Tax Savings Opportunity
If you are in a much higher income tax bracket then your spouse and have investments outside of an RRSP or TFSA then a spousal loan could reduce your taxes. […]
Medical Expenses including Attendant Care
A taxpayer can claim medical expenses paid for themselves as well as for their spouse, common-law partner and dependents. A dependent can include; the taxpayer or their spouse/common law partner’s child […]
Deductible medical costs if you qualify for a disability tax credit
A taxpayer can claim deductible medical costs paid for themselves as well as for their spouse, common-law partner and dependents. A dependent can include; the taxpayer or their spouse/common law […]
We are often asked, “Should I own my vehicle in my company or personally?” The following facts can help us determine the answer to the question of vehicle ownership: 1) […]
Structuring the legal ownership of your home
What’s the best strategy for structuring the legal ownership of your home? The answer is…it depends. Are you asking for tax planning purposes or for estate planning purposes? Often you […]
Are RRSP’s the right investment choice?
RRSPs are one of the few last minute and flexible deductions available to people with employment income from a T4. However, if you are an owner of the business and […]
Impact of late filing your corporate tax return
If you are late filing your corporate tax return by more than three years, any overpayment is considered statute barred under the Canadian Income Tax Act (Section 164(1)). This means […]
Resident or Non-resident in Canada
Under the Canadian income tax system, an individual’s liability for income tax is based on his or her status as a resident or a non-resident of Canada. An individual who […]