April 16, 2018

Tax Credits vs Tax Deductions – What’s the Difference?

Although these two terms are used interchangeably, when you’re discussing tax credits and tax deductions you’re not comparing apples to apples. They are very different and […]
November 8, 2017

Registered Education Savings Plan (RESP): Withdrawals

So, you did your homework and started a RESP for your child. Bravo! However, now junior is grown up and ready to go off to University […]
May 16, 2017

Disability Tax Credit – Are You Eligible?

How do you know if you are eligible for the disability tax credit (DTC)? CRA’s website has a tool available where you can review some questions […]
June 14, 2013

Adoption Tax Credit

For individuals considering adoption or currently involved in the adoption process CRA offers an Adoption Tax Credit. Adoption period: begins at the earlier of : the […]