KWB Blog

The latest financial news and accounting tips from KWB.

Sep 24 2019
Receipt Bank

If you would like to spend less time organizing your records and more time growing your business, you should automate your document retention with Receipt Bank. Receipt Bank is a […]

Sep 18 2018
Wagepoint

Wagepoint is an online payroll software that will meet all of your payroll needs. Wagepoint Features: Direct deposit CRA/WCB remittances T4 and T4A preparation Statutory Holiday calculations Record of employment […]

May 22 2018
Quickbooks ProAdvisor

There are many benefits that KWB receives as a member of the Quickbooks ProAdvisor program and can pass along to you. Read about what they are, including some potential cost savings for you.

Apr 17 2018
Northern Residents Deduction

Depending on the location of your permanent home, you may qualify for the Northern Residents Deduction on your personal income tax return. The steps to determine if you qualify for […]

Mar 6 2018
Borrowing Best Practices

You may not always understand what your banker is seeing or what they are asking for, but the good news is that both your banker and you want to see the business succeed. Here is more info on the 9 simple things that will help you become a more successful borrower.

Feb 20 2018
2018 Tax Rates & Limits

Each year various tax rates, contribution limits, benefit amounts and deduction rates change.  The following is a quick reference guide for 2018. Personal income tax rates and brackets: Federal Taxable […]

Dec 5 2017
KWB Christmas Party

At KWB we believe that family is important which is what we emphasized when we recently had our annual Christmas celebration. We decided to do things a little differently this […]

May 9 2017
Tax Deductions

To make sure you are claiming all the tax deductions that you should be, read about the 7 most commonly overlooked tax deductions.

Nov 1 2016
Payroll Remittance

Depending on the amount of your payroll remittance you may have some options as to when you are required to remit it to CRA. Regular Payroll Remittance You are a […]

Sep 27 2016
Employment Insurance For Related People

Employers are required by law to deduct Employment Insurance (EI) premiums from all insurable earnings paid to their employees who are engaged in insurable employment. If an employer is unsure […]

Feb 9 2016
Moving expenses

If you are moving and are the owner of your own business you should consider deducting the expenses in your company rather than on your personal tax return. If you […]

Jun 16 2015
Tuition and Education Amounts

As a student, you may be wondering what deductions you can make on your tax return. Can you claim the cost of textbooks? Can you transfer your credits to someone […]

Feb 3 2015
Child Related Benefits, Expenses and Deductions

There’s great news for 2015 for Canadians with children. Stephen Harper has announced a “child care benefit boost” – which includes an increase to, or return of, the monthly Universal […]

Jul 22 2014
Family Caregiver Tax Credit

For 2014, if you have a dependent that you claim under one of the following: Spousal amount (line 303) Equivalent to spouse amount (line 305) The child amount (line 367) […]

Feb 13 2014
KWB Website

We launched a new website this past month and it’s full of new content such as: • Videos on numerous tax and business subjects • Dozens of blog postings on […]

Feb 3 2014
KWB Seminar Topics

Vote on Future KWB Seminars 1.Retirement planning 2.Health & wellness 3.Hiring foreign workers 4.Client think tank (Improving customer experience) 5.Customer service ideas 6.Acting as an executor or agent 7.Travel 8.Finance […]

Sep 18 2013
CRA’s Cash Receipts Window

Canada Revenue Agency (CRA) has announced that they are closing their cash receipts window effective September 30, 2013. Find out how this might affect you.

Mar 24 2013
2013 Federal Budget

On March 21, 2013 the federal budget was released. Read about the 4 items in the budget that we think are most likely to affect you.