Disability Tax Credit

Disability Tax Credit

Often, we or someone we care about may have been born with or develop an impairment. This impairment can be physical or mental, resulting in the person requiring extra care. With extra care, comes an extra financial burden. As a result, there is a need for financial...
Are There Inheritance & Estate Taxes in Canada?

Are There Inheritance & Estate Taxes in Canada?

Clients regularly ask, are there Inheritance & Estate taxes in Canada? The good news is there is no inheritance tax in Canada on money or property you inherit. As a result, you do not report receiving it on your personal tax return. Why may you ask? It is the...
July 2022

July 2022

The first installment of the climate action incentive payment (CAIP) was sent out today & recipients will receive both the April & July payment in one lump sump. The next installments will be October 15, 2022 & January 15, 2023. For more information on...