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Tag: tax credit

Leave a Legacy Month: Five easy ways to give back

Leave a Legacy Month: Five easy ways to give back

Among the many ways to give back to society, donating is one of the simplest and easiest. However, you may find yourself hesitant to donate. Perhaps you believe that your donation won’t make an impact, or that you simply cannot afford to give back at this time in your life. Rest assured, this isn’t true…

Caregiver tax guide: What’s the difference between a tax credit and tax deduction?

Caregiver tax guide: What’s the difference between a tax credit and tax deduction?

March in Ontario can be a drag: Our New Year’s resolutions are losing their spark, flu season has taken a toll, and now we’re about to be hit by the dreaded Tax Season. Not to worry, we have some information to help you through the Tax Blues. The good news: If you’re a caregiver in Ontario, you may be eligible for caregiver tax credits! We reached out to Glenn Hayter of Hayter and Associates Inc., Certified Financial Planner, to get…

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Caregiver tax guide: The Canada Caregiver Credit – What’s New?

Caregiver tax guide: The Canada Caregiver Credit – What’s New?

There is no question that caregivers are the unsung heroes of Ontario’s health system. While we can’t send you all a certificate of our appreciation, we can point you in the direction of some helpful caregiver tax credits that may relieve the financial burden that comes with caregiving. The Canada Caregiver Credit (CCC) is a tax credit that is made available to people residing in Canada who must submit an Income Tax Return. It’s provincial counterpart, the Ontario Caregiver Credit…

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New tax credit for safer homes

New tax credit for safer homes

Have you heard about the Government of Ontario’s Healthy Homes Renovation Tax Credit?

If you are over the age of 65 or live with someone who is senior, you could make your home safer and more accessible and the Ontario government will cover 15% of the costs.