Clik here to view.
Tax Deductions for Amazon Sellers: How to File Your Tax Return and Maximize...
If you’re an Amazon seller in Canada, you’re required to report your income from Amazon sales when filing your annual tax return. Whether you do your own taxes or employ the help of a professional...
View ArticleClik here to view.
Disability Tax Credit: The Ultimate Guide for Canadians
The CRA disability tax credit (DTC) was introduced in 1988. Although this program has been around for more than 30 years, many people are unaware of the significant benefits that it can provide....
View ArticleClik here to view.
Medical Conditions that Qualify for Disability Tax Credit: Are You Eligible?
The CRA disability tax credit is an extremely beneficial non-refundable tax credit for individuals with disabilities. There are many medical conditions that qualify for disability tax credit. However,...
View ArticleClik here to view.
DTC Application Tips: 22 Ways to Improve Your Chances of Being Approved for...
Once you’ve determined that you are eligible for the disability tax credit, it’s time to apply. While completing and filing a DTC application may be simple in some circumstances, it’s not always...
View ArticleClik here to view.
Approved for Disability Tax Credit Now What: Steps to Take After DTC Approval
Have you submitted your DTC application and been approved? Congratulations! You’ll find the disability tax credit to be a very helpful tool for offsetting your taxable income. Plus, being approved for...
View ArticleClik here to view.
Disability Benefits in Canada: Tax Credits and Other Programs
When most people think about disability benefits in Canada, they think about the disability tax credit (DTC). However, once you’ve been approved for the DTC, there are many additional disability...
View ArticleClik here to view.
Registered Disability Savings Plan (RDSP): What Is It and How Does It Work?
The Registered Disability Savings Plan (RDSP) was introduced by the Canadian federal government on December 1, 2008. The RDSP was designed to assist Canadians with disabilities and is much more than...
View ArticleClik here to view.
Disability Tax Credit Transfer
If you are approved for the disability tax credit and can’t use the entire amount, you can transfer the unused portion to another taxpayer. Although not everyone is aware of this option, a disability...
View ArticleClik here to view.
Retroactive Disability Tax Credit Payment: How to Recover Unused Credits
Did you qualify for the disability tax credit in previous years but didn’t claim it? You could be eligible for a retroactive disability tax credit payment. At Graphene Group Accounting, we see this...
View ArticleClik here to view.
Disability Tax Credit Changes: Eligibility Updates and New Restrictions in 2021
The Canadian Federal Budget for 2021 was released on April 19, 2021. In addition to covering topics such as COVID-19, job creation, and debt management, the Budget also touched on personal income tax...
View Article
