Mark Your Calendar: Critical Deadlines for May and June
Tax season never truly ends, it seems, as there are many more upcoming tax filing, investment planning and education milestones to discuss with your clients over the next six months. Check out our handy checklist below and then test yourself – what are the conversation openers you’ll use and with which clients? It’s your opportunity to shine with every member of the household:August 2, 2013 – Extended Deadline for Alberta Flood Victims
CRA will proactively adjust the due date for all federal business and other returns filed in Alberta that were due during the flooding. A federal business return filed by August 2, 2013, will be considered as filed on time.
Tax Break for Northern Residents
If you’ve lived in a prescribed northern or intermediate zone for a period of at least six consecutive months beginning or ending in the tax year, you may be able to claim the Northern Residents Deduction on Line 255. Not sure if you qualify?
Why Tax Pros Are Worth Their Salt
Alan Rowell, MFA, DFA-Tax Services Specialist, shines a light on a new communications issue at CRA...how would you advise a client with this problem?
Disability Awareness: Non-Refundable Tax Credits
Our Disability Awareness series concludes this week with a look at non-refundable tax credits that can be claimed on the tax return. These articles are excerpted from Jacks on Tax, by Evelyn Jacks.
Financial Educator: Eligibility for Claiming Disability Supports
The disabled who incur expenses of an attendant or other disability supports purchased in order to earn employment or self-employment income or to pursue education, can claim the costs of Disability Supports on Line 215 so long as the expenses were not reimbursed.
Knowledge Bureau Author David Christianson Named Fellow of FPSC
Congratulations to David Christianson, Vice-President of National Bank Financial Wealth Management, on achieving his recent distinction as Fellow of FPSC.
