What Happens to Your RDSP When You Lose Disability Tax Credit Eligibility?
When it comes to RDSP, there's a lot to think about, right? I recently had some families come to me with a pretty important question: what happens to their RDSP if they no longer qualify for the...
One of the key features of the Registered Disability Savings Plan (RDSP) is the Canada Disability Savings Grants (CDSG). This is a matching grant that truly enhances the account balance. After...
The Registered Disability Savings Plan (RDSP) is a saving tool that helps people with disabilities secure their long-term financial futures. Depending on the individual's circumstances, the...
I regularly receive inquiries from families with disabilities about whether they need to report tax on their Registered Disability Savings Plan (RDSP), especially during tax season. Given the...
So you have submitted the Disability Tax Credit application. You have high hope for it, but it came back with a denied notice. You’re probably wondering why – Did I miss something? Or did the CRA...
What’s Next After You Submit the Disability Tax Credit Application?
Now that you've finally submitted your disability tax credit application, what's next? The first thing you should do is sit back and relax, as the process can take some time. The government will...
