Did you know? If you have childcare expenses such as: caregivers (nannies, babysitters), nursery schools, educational institutions that provide childcare services, day camps and sports camps with a primary goal of childcare, or boarding schools – you can claim them!
For more information on the amounts you can claim, click here!
Have questions? Give us a call at 905-571-2665.
Have you had to take any prescription medications (that aren’t vitamins) that you don’t have coverage for? You can write off any prescription medications that you took this tax year, before December 31st. You can also claim medical insurance that you have purchased for an out-of-country trip!
Have questions? Give us a call at 905-571-2665.
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| Usually, if you sell personal-use property at a loss, you can’t claim the loss. The exception is for “listed” personal property; which generally increases in value the longer you hold on to it. This includes Canadian cultural property (i.e. national treasures), stamps, coins, works of art, jewelry, rare books, folios, and manuscripts. These sorts of losses can be carried back three years, or forward for seven, and used to reduce the gain on the sale of other listed personal-use property. Have questions? Give us a call at 905-571-2665. |
