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Year End Tax Planning Tips

With the exception of RRSP contributions (in most cases) and pension income splitting, any tax planning strategies intended to reduce one’s tax payable for 2013 must be implemented by the end of the calendar year. While 2013 tax returns don’t have to...
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Two Promotions at White Kennedy

Aaron Dodsworth to Senior Manager – West Kelowna White Kennedy LLP is pleased to announce the promotion of Mr. Aaron Dodsworth to Senior Manager at our West Kelowna office, effective November 4, 2013 Aaron joined White Kennedy’s Penticton office as a manager...
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TAX-EFFECTIVE EMPLOYEE BENEFITS

Creating a work environment that will ensure both the retention of valued employees and the ability to attract new ones is a concern of every employer, and an attractive compensation package is a key to both. Furthermore, while an employee’s salary is...
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Claiming Business Expenses

WHAT’S DEDUCTIBLE AND WHEN? Every business incurs and pays a wide variety of business-related expenses on a day-to-day basis, ranging from employee payroll to advertising costs to utilities bills to the cost of new equipment. The general rule, for tax purposes, is...
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Starting a Small Business

Starting a business can feel like entering a regulatory and tax jungle without a guide. There’s no doubt that Canadian business and tax laws can be complex, and the administrative burden for small business owners can be heavy, but once the initial...
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White Kennedy Crusaders Help Raise Funds for a Cure

On Sunday October 6th, the White Kennedy Crusaders consisting of team captain Jennifer Mendes, Megan Klawikowski, Marielle Brule, Jessica Hermiston, Don and Gail Jones, Jennifer Bassani, Jordyn Lombardi, Heidi Lanthier,  Lindsie Pereboom, Courtney Satchel,  Jenny Rattee and Corrie Holmberg participated in the...
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Hiring Credit for Small Business –

Expansion and Extension of Hiring Credit The hiring credit for small business(“HCSB”) was introduced for the 2011 and 2012 tax years. It is being extended for a further one-year term expiring December 31, 2013. This temporary credit will provide up to $1,000 against...
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Retail Inventory Management

The retail industry is extremely competitive and one of the biggest challenges for any retailer is inventory management. Too much inventory causes cash flow issues and leads to other unnecessary costs whereas too little inventory increases the risk of losing potential customers...
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