Author name: Juvaughn Mahabeer

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Do You Have A Prolonged Disability?

 What is the Disability Tax Credit? The disability tax credit (DTC) is a non-refundable tax credit that helps people with impairments, or their supporting family member reduce the amount of income tax they may have to pay. If you have a severe and prolonged impairment, you may apply for the credit. If you are approved, you may claim the credit at tax time. By reducing the amount of income tax you may have to

Do You Have A Prolonged Disability? Read More »

Accounting

Do you take care of someone with a disability? You could qualify for $1400 at tax time.

What is the Primary Caregiver Tax credit? This tax credit began in 2018 and It allows an individual tax filer to claim a flat tax credit of $1,400 per year for providing unpaid care for 90 days or more during the year. This tax credit must be renewed every three years to remain active. Payments are also

Do you take care of someone with a disability? You could qualify for $1400 at tax time. Read More »

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