3 TAX TIME TIPS – Health & Group Insurance

3 Tax Time Tips

 TAX TIME TIPS The personal income tax return deadline of April 30 is fast approaching    so here are 3 handy tips to help you save on your income taxes. TAX TIP # 1 – If you are Self Employed – Individual Health Plan – Deduct Your Health & Dental Premiums as a Business … Continue reading

CRA changes Group Disability Insurance Withholding Tax Rule

The Canada Revenue Agency  – CRA changed the Group Disability Insurance Withholding Tax Rule that applies to group disability plans. The new rule takes effect January 1, 2015 .  It applies to those disability claims where the employer pays the premium for the group disability portion (we call them taxable group disability plans). A taxable … Continue reading