Sweet dreams April 30! You have a few weeks to make your returns before the deadline of April 30. Do not panic! Do not wait until the last minute. Have you received and gathered all your documents? Are you ready to begin your return? Do you have your pencil, your calculator and your forms? Well, keep your documents and put the rest aside and go open the page
QuickTax online . Fast, easy, secure and guaranteed maximum reimbursements. What more?
Meanwhile, you can still learn about the deductions for which you and your family are entitled. Well, Here are some: *
Have you done all your deductions?
Most often overlooked are those for charitable donations and medical expenses. During the year, keep all your receipts in one place. And to refresh your memory, see your tax last year. Do not forget to deduct your childcare expenses.
Your children are they sports?
Federally, you can deduct up to $ 500 for sports activities of each child under sixteen years earlier this year, thanks to the tax credit for the condition physically.
Home support for elderly If you are 70 or older and you still live in your home, you qualify for the refundable tax credit for home support for seniors. It reimburses 30% of the costs of services such as home maintenance, meal preparation or care of a nurse up to $ 4,680 for an autonomous person, and $ 6,480 for a dependent senior . If you live in an apartment, 5% of the cost of rent are also eligible for up to $ 600 in rent per month.
you planning to renovate your home? Enjoy the new federal tax credit for renovation (HRTC), which will be temporary. It will apply to the Work or property acquired between 27 January 2009 and February 1, 2010 for contracts signed after January 27. The maximum amount is $ 1,350. The provincial tax credit for renovation and home improvement will deduct 20% of construction cost exceeding $ 7,500 up to $ 2,500.
You're self If you're self-employed, a multitude of expenses are deductible. Notably, a portion of your cost rent or mortgage if you have a home office, your office supplies, the party of your automobile expenses related to work, purchases of computer equipment, communication costs and expenses. Keep all your bills!
fraction of income If you are retired and receiving benefits from a retirement plan, you can split your income by declaring a part of it on the tax return of your spouse, up to 50 %. Dividing income in this way, the tax rate will be lower than if it is declared in full by the same person. However, it is better meet with a tax professional to determine the percentages better.
Spousal RRSPs Another way to divide their income while obtaining deductions is the spousal RRSP. Contributing to a spousal RRSP, whichever has the highest income tax deductions obtained. At retirement, this method will balance the incomes of both spouses to pay less tax. Moreover, if one spouse is younger, the money can grow for longer before needing to be removed to the mandatory age of 71.
loans at the rate prescribed Consult your financial advisor for more information on loans between spouses at the prescribed rate to 1%. They allow the spouse who has the biggest income from lending money to each other to invest. So the spouse with lower income will declare gains on this investment.
capital losses? year market has been difficult and you have capital losses on your investments? You can apply these losses on your capital gains reported in prior years dating back to 2005 and receive a refund. If you have not made gains in the years past, you can still apply on future earnings.
Sell some titles
By examining your investments with your portfolio manager at the end of the year, it is possible that you find some titles that have fallen. If you are sure not to hold these securities because they are not expected back, you can materialize your losses by selling. You can then apply against gains in the current year or those of a year earlier. You can also redeem these shares after a period of 30 days and the loss will still be recognized, but this operation carries a risk of variation.
Plan Savings Plan II Investors can withdraw tax benefits of the Stock Savings Plan II. They will get a 150% deduction of the cost of shares acquired, provided to hold these securities for two years. However, keep in mind that taxation should not guide investment decisions. Moreover, it is best to get the deduction REA through investment funds rather than buying individual stocks, so as to reduce the risks inherent in such investments.
Throughout the year, we should ensure that our portfolio manager and the caregiver to communicate our taxes to make decisions that maximize our returns while minimizing tax liability.
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Caroline Rodgers - The Press
The setting aside of systematic profits of a company whose securities are dismembered she is an indirect gift ? 
