Effective January 1, 2017 you may qualify for an Alberta "Carbon Tax Rebate". Benefits are based on the family income as filed each year, you do not have to apply for the rebate. For 2016 the Family Tax Cut has been eliminated, the eligible fees paid for the Fitness Tax Credit have been reduced to $500, and the eligible fees paid for the Child Arts Amount have been reduced to $250. Effective January 1, 2017 these benefits will be discontinued along with the Federal education and textbook tax credits. Starting in 2016 you must report the sale of a principal residence on your tax return.
We specialize in personal tax preparation and efiling, small business accounting packages which include bookkeeping, GST filing, payroll services, financial statements and efiling of corporate tax returns and T slips. Remember it is never to late to file your personal or corporate tax return, you may be entitled to credits through a number of Canada Revenue Agency programs.
Give us a call or email us and we will do our best in assisting you with any questions or concerns you may have.