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The Gateway:  Maximizing the Impact of the Disability Tax Credit

In addition to reducing income tax through a non-refundable credit, the Disability Tax Credit (DTC) serves as a gateway to a wide range of additional tax benefits and government programs. Eligibility for the DTC can unlock enhanced credits, financial supplements, and long-term savings opportunities that go well beyond the tax return. Understanding how the DTC connects to these broader supports is essential for maximizing financial stability—both for individuals living with disabilities and the family members who support them.  Unfortunately, many taxpayers miss this credit and their tax and financial advisors can certainly help when this happens.

Expensive But Worth It

Recently, the Tax Court of Canada (TCC) levied interest and gross negligence penalties against five taxpayers who were shareholders and operators of a family restaurant.

Should OAS be deferred?

This is a continuation from last week's article, "Are You Planning Retirement for your Clients?"

Farmers: Year-End Tax Review Saves Money

Are you spending enough time consulting with your clients who are unincorporated Farmers and Fishers? 

“This course exceeded my expectations”

Port Elgin, Ontario’s Marlene Donaldson recently completed the T1 Professional Tax Preparation course with Knowledge Bureau in order to better understand tax changes for the current income tax year as well as to update her skills to better prepare for the upcoming season.

Five Tips To Help You Recharge

We have all heard people say they would rather be at work than take a holiday. 

Mark Your Calendar - Personal Tax Bootcamp

Secure your spot at the Knowledge Bureau’s Comprehensive Day Long Tax Update!  
 
 
 
Knowledge Bureau Poll Question

Does the new government’s promise, expected soon, to cut the lowest personal income tax rate by 1% to 14%, go far enough to help Canadians impacted by high costs? What are alternatives in your view?

  • Yes
    12 votes
    11.01%
  • No
    97 votes
    88.99%