General Archives - Jiwan Dhillon & Co.

Many people do not realize that they may be eligible to deduct expenses related to their employment. It is not necessary that you have to be self-employed. You can do so if your employment required you to pay the expenses and you were not reimbursed. For Example 1) You work as a tradesman and occasionally

The Increase in Property Assessments Home owners must have noticed the assessed value of their properties rising drastically, with an average of 30% to 50% for most single-family homes. This increase in property values has owners worried that their property taxes will also increase in proportion with the assessed values. However, property assessments do not

Changes to your Tax Return Filing your taxes can be a simple or complex process depending on each person’s circumstances. Sometimes, people can forget to provide their accountant with certain documents. These documents can be in the form of a T4 slip from the place you worked for one day, or the receipt for your

It is common for individuals to face situations where they do not agree with a tax assessment. This can be caused by processing error or different interpretations of the same set of information. Thankfully, there are options for individuals to dispute the assessment(s). This can be in the form of a “Notice of Objection.” If

In our experience many people do not realize that they or a loved one may qualify for a Disability Tax Credit. This credit reduces your tax payable which therefore increases your refund. We understand money cannot necessarily make things better, but it can increase their quality of life through better care. This credit can be

The following are a few key changes to your personal income taxes. -Elimination of Spousal Income Splitting Income splitting allowed tax payers to split up to $50,000.00 of their income with their spouse saving them up to $2000.00 in income taxes. This is no longer allowed. Note: This does not effect Pension Splitting -Tax Rate