Accounting & Bookkeeping

Welcome to your all-in-one resource for T4s! ‘Tis the season to fill out or generate these forms to hand off to the Canada Revenue Agency (CRA) and your employees, so we thought it’d be handy to have the information you’ll need in one place. Whether you’re doing so manually or using a payroll software like […]

It’s no secret that the pandemic has challenged and continues to challenge businesses across Canada — and let’s not think about the fact that 2022 sounds like “2020, too.” Whether it’s reducing the amount of people you can have in your shop or a complete, temporary stoppage of operations, responding to these situations can look […]

Getting confused with how to fill out the sections in Form PD27? Don’t worry. We’ve gathered all the information you need to complete it.

With the plethora of different payroll options available, it can be really hard to decide which one is right for your business. The first thing you need to do is ask yourself “Why am I looking for a payroll software?” This will help guide your journey. I’m going to assume that you are a small […]

Updated January, 2022. Together — income tax, federal taxes and provincial taxes — are all grouped under the bucket category of payroll taxes (employer taxes and/or source deductions).

While British Columbia (BC) has various legislation around taking time off, starting January 1, 2022, British Columbians will now be able to stay home if they have a personal and unexpected illness or injury. The good news is they won’t have to worry about it affecting their pay cheque! This comes after almost two (2) […]

Isolation, particularly during the winter season, has been proven in psychological studies to have detrimental impacts on people’s mental health, including insomnia, fear, tension, depressive symptoms, irritability and emotional tiredness. With all of this in mind, it’s more crucial than ever for small business owners to take care of their mental health, and those of […]

At Wagepoint, we witnessed first hand the dedication that accountants and bookkeepers had in helping small business owners navigate and recover from the legislative changes that impacted so many this past year. We couldn’t help but recognize, and be awed by, the resilience of our partner community. The ability to pivot and help their small […]

Recently, we introduced our Year-End Survival KITs (KIT stands for Keep It Together) to small business owners (CA | US) and the accountants and bookkeepers (CA | US) who support them — but despite all the preparing you can do, we all still experience tough days from time to time. Even if you’re a member […]

Payroll can mean completing a lot of scary tasks for small business owners — like making the right calculations and filing taxes correctly and on time to the government. On top of that, consider needing to make corrections during a busy year-end season! Now that sounds like a real nightmare. As the old adage goes, […]

Have you ever found yourself standing in front of a group of colleagues, employees or clients, seemingly holding it together while delivering an important pitch or speech, all the while wondering who’ll be the first in the room to realize that you’re totally not qualified to be there? That’s imposter complex speaking, and you’re not […]

We danced like nobody was watching (because they (mostly) weren’t), we got inspired, we learned and we connected — Wagefest 2021: Peace, Love and Payroll was two days of awesome, if we do say so ourselves. Before we dive into some of the highlights and takeaways, let’s set the mood. Wagefest had music festival vibes […]

The Wagefest Afterparty will feature Dueling Pianos! Did you hear? Wagepoint is hosting an awesome event called Wagefest 2021: Peace, Love and Payroll! It’s coming your way on October 6 and 7, 2021, and we’re excited for this chance to get together with small businesses, accountants and bookkeepers. It’s free and virtual, so you don’t […]

To streamline the many resources available to help small business owners, we launched an exciting new series called “Ask an Expert.” Through the series, I get the privilege of interviewing industry experts to share their advice, education, advisory skills and experiences with small business owners alike. Shaping tomorrow’s entrepreneurs with Tanya Hilts, CPB. Recently, I […]

At the root of authentic relationships is mutual trust and an openness to learn and grow. In today’s digital world, the role of an accountant in the financial technology (fintech) space has changed. Accountants are no longer “just accountants.” You’re a strategic partner that clients, vendors and employees know they can trust to add value […]