Canada's Disability Tax CreditWhen the government establishes a social program whose primary purpose is to help provide support to low-income people with disabilities, its success should be measured on how well it achieves that purpose. Unfortunately, there are reasons to seriously question the ...
The Canada Revenue Agency (CRA) introduced the Disability Tax Credit program to help 27% of Canadians (CSD, 2023) and their families living with prolonged physical or mental impairments. The CRA created the program to offset the various costs associated with those impairments, such as medications...
The Canadian Disability Tax Credit is an important tax credit for Canadians with disabilities. The DTC allows you to claim credits, deductions and benefits.
Akiva Medjuck has been part in Canada’s differently-abled community his entire life. Today, he’s integral to the community and a true hero to more than 40,000 Canadians. Growing up with a brother and sister who were both born deaf, Akiva’s had first-hand experience confronting challenges...
$11,000 for each child who qualifies for the disability tax credit Note that most overnight camps and summer day camps are also eligible for the child-care deduction. Tax Deductions checklist: RRSP contributions Union or professional dues
Howland Tax Services International provides cross-border tax preparation services for individuals and small businesses in Canada and the United States
As you probably know, the Registered Disability Savings Plan (RDSP) is an important tool to enhance the long term wealth of a disabled person. With the help from the Government of Canada, one could obtain up to $90,000 of disability savings benefits. Unfortunately, many families set up thei...
Canada imposes higher income taxes on its citizens than the United States does on its residents to subsidize universal health care and pensions. Social Security AmericanSocial Securitybenefits don't focus exclusively on providing retirement income. They encompass additional assistance including disability in...
If you can't claim the full Child Tax Credit because you owe less tax than the available credit, you may be able to claim the refundable Additional Child Tax Credit.
Answer from Nancy Brown, Sales Director Canada, Voyageur Global Benefits Group Life and Disability coverages are an essential part of most expatriate benefit packages. That’s where Empire Life’s suite of products for globally-mobile employees, Voyageur Global Benefits, comes in. Whether in conjunc...