How can one save in income taxes paid? People who have medical conditions may apply for tax savings. This reduces the amount of income tax they pay and can be retroactive for up to 10 previous years. If you are a taxpayer and are helping a family member who has a...

The disability tax credit (DTC) is a tax credit for people with medical conditions or for their supporting person. It reduces the amount of income tax they pay and can be retroactive for up to 10 years. If you are a taxpayer and are helping a family member who has...

I hear this statement often: “It’s too bad I didn’t know about the disability tax credit for my child before they moved out. It’s too late now.” This is not true. You may still apply for up to 10 years’ funding retroactively. Some families have adult children who...

Many of my clients were unaware that their chronic medical condition was applicable for a Disability Tax Credit. They dismissed the idea because the word “Disability” they thought of someone confined to a wheelchair, or that was blind. A misconception of many when...