Tag: dependent

Filing Taxes for a Senior? 7 things You Can do to Maximize Their Return

Whether you’re caring for your aging parents or just helping them with their taxes, here are some tips to keep in mind so you can both get the most back when you file your taxes. 1. Make sure they file a tax return: Sounds…

This is one of the Most Commonly Missed Tax Credits. Can You Claim it?

Your parents worked hard to take great care of you growing up and you’re happy to return the favour. The good news? The CRA (the Canada Revenue Agency) wants to say “thanks” too. If you’ve got an aging parent or relative living under your…

My kids are growing up. Are they still dependants?

My kids are growing up. Are they still dependants? Taking care of yourself and your kids is a tall order! Days are busy with work, drop-offs & pick-ups, getting groceries, banking, that whole showering thing… there’s barely time for Netflix! We get that adulting…