On March 29th the Federal Government will bring down the 2012 edition of the Federal Budget. Unlike other years, this will be the first budget announcement since the Conservative Party received a majority in Parliament. What to expect? First up on the plate will be Old Age Security, the “Holy Grail” among Seniors and a…
Author Archives: Alan Rowell
2011 – Tax Forms
Below are links to some of the more “looked for” forms that may benefit Canadian Taxpayers in 2011 Disability Tax Credit Meals & Lodging Claims Employment Expenses Automobile Expenses
What’s New for 2011 Tax Returns?
Children’s Arts Tax Credit This new credit announced in the Federal budget allows for up to a $500 tax credit for registration for children under 16 years old who participate in non-physical activities such as music lessons or art classes. This, when combined with the Children’s Activity Tax Credit, now provides a combined credit of…