Proactive Tax Planning for Business Owners

Canada Emergency Business Account (CEBA) Loan – Additional $20,000 for Small Businesses

KWB is excited to share that in 2023, we saved our clients over $9 million in taxes through the ongoing and advanced tax planning strategies that we implement with our clients. As a result of some time-sensitive tax savings opportunities that were changing at the end of 2023, and to ensure our clients optimized their […]

How to Improve Business Performance with a SWOT Analysis and Strategic Goal Setting

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The start of a new year is a perfect time to evaluate your business’s current performance and to make strategic plans for improvement. A SWOT analysis can be incredibly helpful in thoroughly examining your business’s strengths and weaknesses as well as the opportunities available to you and the threats you may need to manage. With […]

EI Premium Reduction Program – What You Need to Know

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With the Government of Canada’s Employment Insurance (EI) Premium Reduction Program, you can both increase your bottom line and improve employee welfare. In addition to protecting unemployed individuals, Service Canada’s Employment Insurance program provides benefits to employees who face various life challenges and changes including illness, injury, or the joyous arrival of a new family […]

Integrated Tax and Financial Planning for Your Business and Yourself

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The overall financial health and success of your business will be greatly improved through integrated planning that considers your current circumstances, your long-term goals, and the opportunities that are available to you. Experience elevated accounting and advisory support that offers you meaningful financial reporting and guidance to optimize your tax savings, profit, and income. With […]

How to Get Started with QuickBooks Online | QBO Optimization for Business Owners

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What is QuickBooks Online? QuickBooks Online (QBO) is an accounting software platform created to help business owners efficiently manage bookkeeping, accounting, and administrative processes, and to provide reliable and meaningful reporting and information. QBO helps simplify your accounting processes by automating the flow of financial information, and gives you more accurate results that you can […]

CRA Instalment Payments: Interest vs. Penalties

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Required Tax Instalments for Individuals To avoid interest charges, you have to pay tax instalments to Canada Revenue Agency (CRA) if your net tax owing in either of the two previous years was more than $3,000. This can happen if your income does not have the appropriate amount of tax withheld, or if you are […]

Cloud Accounting Migration Support for Business Owners

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Staying ahead of your competition and saving time, energy, and money is a result of making strategic decisions to improve efficiency and performance. One such decision is migrating your accounting systems and processes to the cloud. What is Cloud Migration and Accounting? Cloud migration is the process of moving your accounting systems and data from […]

Profit Improvement Strategies for Auto Repair Businesses

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If you own an auto repair business, you know that improving your profits is essential to long-term success. Fortunately, with the right financial guidance and support, you can take steps to increase your profits and grow your business. Profit Package: More Cash, Greater Profit Benefit from our Profit Package specifically designed for auto repair businesses. […]

Profit Improvement Strategies for Physicians

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As a physician, you have invested significant time, effort, and resources into your medical practice. However, with increasing competition and a changing healthcare landscape, it can be challenging to achieve the level of profitability you desire. Through integrated planning and ongoing support, you can improve your profit. Integrated Planning for the Future One of the […]

Highlights from Canada’s 2023 Federal Budget Update | Impacts for Business Owners

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The federal government released Canada’s 2023 Federal Budget update (Budget 2023) in March, which has three main focuses: making life more affordable, stronger public health and dental care, and growing a green economy. As a business owner, it’s important to stay up-to-date with changes in the Canadian federal budget that can impact your operations. Here […]