Blogs

An image of local small business owner in Woodstock who is reading a blog from MW&CO in Woodstock.
A couple in South Western Ontario (SWO) discussing how to split pension income with their local Woodstock CPA Advisor.
October 16, 2025

Can Splitting Pension Income Help Couples Save Tax?

65 is the official age for retirement as per the Canada Revenue Agency (CRA). Hence, you become eligible for several cash benefits and tax credits once you turn 65. You…

An image of a not for profit business owner in Woodstock reviewing their bank account after speaking with their local CPA firm MW&CO
August 22, 2025

Does Your Small Business or Freelancing Work Need a Separate Bank Account?

Most small businesses, sole proprietorships, and freelancers are born in personal bank accounts. At first, work and money come in little irregular bunches. Then, as your work gains recognition, they…

An image of a small business owner in Oxford County who is chatting with his local CPA about the financial health of his business.
August 7, 2025

Small Business Owners’ Guide to Track the Financial Health of Your Business

Every financial year begins and ends for a business in the same way: it starts on a note of hopefulness and optimism, only to end in a frenzied panic about…