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Canadian Income Tax Preparation
Over the past several years, the Canadian Government has made many changes to the Canada Pension Plan.
Most Recently, in 2019 they introduced the Canada Pension Plan Enhancement.
This Enhancement means that you and your employers will now have to pay an additional 2% into CPP by 2023 and even more in 2025.
The CRA has recently expanded its definition on what types of service animals are allowed under the Medical Expense Tax Credits. Starting in 2018, they are now allowing animals who support severe menatal impairment.
But what does that actually mean?
In order to ensure our accuracy, and make sure you pay the least amount possible we ask that all clients complete our registration forms. New this year are 3 seperate forms: One for new clients, one for returning clients and one for deceased clients. Additional forms may be required based on your answers and tax situation.