TAX TICKLERS… some quick points to consider…

  • Of the approximately 28 million personal tax returns filed for the 2016 year, 58% got refunds. 68% received them by direct deposit. The average refund was $1,735.
  • Only the last year of CPP survivor benefits can generally be accessed for late applications. Don’t delay submission.
  • Effective December 3, 2017, parents will be able to choose to receive parental benefits under the employment insurance program, if eligible, over the standard period (12 months) or the extended period (reduced amount taken over 18 months). The total benefits would be the same regardless of the option selected.

 

The preceding information is for educational purposes only. As it is impossible to include all situations, circumstances and exceptions in a blog such as this, a further review should be done by a qualified professional.

No individual or organization involved in either the preparation or distribution of this blog accepts any contractual, tortious, or any other form of liability for its contents.

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Marsha MacLean Professional Corporation