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Posted by: In: Uncategorized 24 Jul 2015 0 comments
disability tax credit

A Layman’s Explanation The DTC (disability tax credit) is defined by the Canada Revenue Agency as “a non-refundable tax credit used to reduce income tax payable on the income tax and benefit return. A person with a severe and prolonged impairment in physical or mental functions may claim the disability amount once they are eligible for the DTC.” In other words, a disabled adult with a qualifying disability is required to pay less income tax because of other expenses and difficulties he or she faces on a day-to-day basis. If the disabled individual...

Posted by: In: Uncategorized 17 Jul 2015 0 comments
Disability Financial Assistance

Disability Financial Assistance Corporation (DFAC)  was founded when a frustrated mother approached a friend with accounting experience, requesting help applying for assistance for her child with disabilities. This firsthand experience demonstrated how complicated and overwhelming the application process was, especially for parents already overloaded with responsibility. So many families and individuals could benefit from collective knowledge and experience—and DFAC was born. To expand services further, a partner with extensive experience in special education was invited aboard. Together they boasted a law degree, fifteen years’ experience in special education, experience in...

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