CWE Accounting & Tax

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CWE Accounting & Tax Cool Water Enterprises offers Certified Professional Bookkeeping, Payroll,
and Tax Preparation

2026 TAX UPDATES: SENIORS
03/12/2025

2026 TAX UPDATES: SENIORS

As this year comes to a close, it's time to consider your tax planning options. Please like and follow for more tax plan...
02/12/2025

As this year comes to a close, it's time to consider your tax planning options. Please like and follow for more tax planning information and tips.

02/12/2025
Are you experiencing "Inaccessibility of CRA Phone Support?""All our agents are currently busy" "please call back anothe...
23/07/2025

Are you experiencing "Inaccessibility of CRA Phone Support?"

"All our agents are currently busy"

"please call back another time"

You're not alone! To help improve this service, feedback can be submitted to the CRA using form RC193 E (25).

Use the RC193 Service Feedback form to submit feedback about your service experience with the Canada Revenue Agency (CRA).

Medical Expense Deductible - Personal Tax ReturnOne of the least utilized tax deductions is the medical travel expense. ...
09/03/2025

Medical Expense Deductible - Personal Tax Return
One of the least utilized tax deductions is the medical travel expense. For detailed information please go to

https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/rc4065/medical-expenses.html

Expenses you can claim
To claim transportation and travel expenses, all of the following conditions must be met:

Substantially equivalent medical services were not available near your home.
You took a reasonably direct travelling route.
It is reasonable, under the circumstances, for you to have travelled to that place for those medical services.
If a medical practitioner certifies in writing that you were not able to travel alone to get medical services, you can also claim the transportation and travel expenses of an attendant.

If you have travel expenses related to medical services and you also qualify for northern residents deductions (line 25500 of your tax return), you may be able to choose how to claim your expenses. For more information, see Form T2222, Northern Residents Deductions.

At least 40 kilometres
If you had to travel at least 40 kilometres (one way) from your home to get medical services, you may be able to claim the public transportation expenses you paid (for example, taxis, bus, or train) as medical expenses. Where public transportation is not readily available, you may be able to claim vehicle expenses.

At least 80 kilometres
If you had to travel at least 80 kilometres (one way) from your home to get medical services, you may be able to claim accommodation, meal, and parking expenses in addition to your transportation expenses as medical expenses. This may include travelling outside Canada.

Meal and vehicle expenses
You can choose to use the detailed or simplified method for calculating meal and vehicle expenses. If you use the detailed method, you have to keep all receipts and records for your 12-month period.

For more information and to find out about the rates used to calculate these travel expenses, go to Meal and vehicle rates used to calculate travel expenses or call the CRA's Tax Information Phone Service at 1-800-267-6999.

The rc4065 is for persons with medical expenses and their supporting family members. The guide gives information on eligible medical expenses you can claim on your tax return.

🌟 Accepting New Clients! 🌟Are you overwhelmed with managing your books? Let us take the burden off your shoulders! Our e...
10/12/2024

🌟 Accepting New Clients! 🌟

Are you overwhelmed with managing your books? Let us take the burden off your shoulders! Our expert bookkeeping firm is now accepting new clients. We specialize in providing personalized and comprehensive bookkeeping services tailored to meet the unique needs of small and medium-sized businesses.

Our services include:

Accurate and timely bookkeeping

Financial reporting and analysis

Payroll services

Tax preparation and filing

Liaison with the Canada Revenue Agency (CRA)

And more!

With our advanced technology and experienced team, you can trust us to keep your financial records in order, ensuring you have more time to focus on growing your business.

📞 Contact us today to schedule a free consultation and learn how we can help you achieve your financial goals!

17/09/2024

Cool Water Enterprises offers a range of professional services including bookkeeping, payroll, tax, and administrative support. We aim to build personalized, long-term relationships with our clients to help their business succeed.
Are you considering using our services for your business? If you have specific questions about what we offer, feel free to ask!

24/04/2024

Are you behind in filing your tax returns? One year, two years or more? You could be missing out on the GST and Carbon Tax Credit. If you have one or more children you could be missing out on the CCB credit. Contact me if you require help with taxes.

11/04/2024

Tax Tips 2023
Did you know there is a refundable medical expense supplement?
- Prescriptions - Dental - Naturopath - Chiropractor - Physiotherapy
- Attendant care and care in a facility - Foot Care
- Travel expense of at least 40 kilometres one way
- Travel expenses 80 kilometres one way you may be able to claim accommodations, meals, and parking in addition to your transportation expenses.

For more information click the link below:

Address

Rock Creek, BC
V0H1Y0

Opening Hours

Monday 09:00 - 16:00
Tuesday 09:00 - 16:00
Wednesday 09:00 - 17:00
Thursday 09:00 - 16:00
Friday 09:00 - 16:00

Telephone

+12504491879

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