Disability Tax Credit Certified Impairments: Survey Says “No”

The federal government has made its intentions clear that there will be an expansion of those who are eligible to certify an individual for the Disability Tax Credit. Our May poll results are in. 83% of our readers voted against allowing public trustees, guardians and departments supporting Indigenous Services to certify impairments for the Disability Tax Credit.

We love sharing feedback from our recent graduates. This week we feature the success of Mr. David Foth from Saskatoon, who recently graduated from the new T1 Professional Tax Preparation - Basic course.

"Optimism is the faith that leads to achievement. Nothing can be done without hope and confidence." Helen Keller

Families may soon be out of monthly income due to the cancellation of the Universal Child Care Benefits in July.  It’s also time to review and optimize the Family Tax Cut provisions which are no longer available for the 2016 tax filing year. Tax and financial advisors can help.

Knowledge Bureau wishes to extend to all our fellow Canadians in the Fort McMurray and surrounding areas, our sincerest sympathies for your suffering as a result of last week’s devastating wild fires.  We pledge our support to all our students, graduates, designation holders and friends in the province, as we offer our thoughts of consolation and prayers to you.

Helping in helplessness . . . watching the heartbreaking devastation in Fort McMurray has been gut-wrenching. How one hour can change life so dramatically! Making donations from afar seems only right; and it feels especially good, given how terrible the events of the last week have been.

If you have a December 31st year end, the due date for making annual GST/HST remittances is April 30, even though proprietorships have until June 15 to file the T1 General Tax and Benefits return. So if you owe GST/HST now, be sure to make a payment immediately to avoid interest charges.