News Room

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.

Evelyn Jacks: Online Commerce Demands Principles For Financial Literacy

Canadians are increasingly transacting online and tracking the path the money takes – into and out of various accounts – and credit arrangements can be complicated, frustrating at times, and difficult to track.

Grad Spotlight - Lori Campbell, MFA

Lori Campbell earned her MFA-Succession and Estate Planning Specialist designation in 2012 and has been a frequent delegate of the Distinguished Advisor Conference over the last seven years. We are pleased to have Lori as one of our distinguished grads.

How Much Is the Credit for Charitable Donations?

The donation credit is non-refundable and reduces taxes payable. For those who have donated in the past, the credit can be close to 50 cents on the dollar, depending on how much you give. First-time donors can get an extra 25% credit for cash donations up to $1,000.

How to Reduce or Eliminate Repayments of Social Benefits in 2014

Taxpayers who receive Employment Insurance or Old Age Security benefits in 2014 may be required to repay all or part of those benefits, depending on their income level. However, there are ways to reduce or eliminate those repayments.

Provide Holistic Wealth Management Advisory Services to Your Clients

Advise affluent families seeking tax-efficient investment planning. Enrol today in Tax Strategies for Financial Advisors and save $50. Earn 30 FPSC-approved CE credits.

Consolidate Your Role as a Trusted Advocate and Steward for Your Clients

Join us at the one-day Audit Defence Bootcamp to better understand your new obligations to CRA and regulators in real time and excel as an educator an advocate for clients undergoing life changes. Register before May 15 to get early-bird pricing and guarantee your seat at this popular event.
 
 
 
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
    10.81%
  • No
    99 votes
    89.19%