Caregiving comes along with many financial costs. These can include medical expenses, renovation costs, loss of income, and more. It can be challenging for caregivers to navigate the various processes for applying for tax credits, benefits, and claiming expenses.
Recent changes made by Canada Revenue Agency (CRA) impact qualifying criteria and how to provide documents and information to the CRA. In this webinar, Shelby Parkinson of Liberty Tax Services explains which benefits and credits are available to you and what to look out for when applying for them. She also provides information on how to claim a number of different expenses, and how to organize financial information effectively so that it’s easier to file your taxes as a caregiver.