Best Tax Preparation Services in Sarnia, ON

Unique tax credits not to be forgotten, according to the CRA:nn●Digital news subscription expensesnnYou can claim up to $500 for amounts you paid in 2022 for qualifying subscription expenses.nn●Childcare expensesnnYou can deduct expenses for childcare from your gross income if you incurred those costs to earn income, carry on a business or research or attend school.nn●Disability support creditsnnIndividuals who have an impairment in physical or mental functions and have paid for certain medical expenses can, under certain conditions, claim the disability supports deduction.nn●Moving expensesnnIf you moved to work or to run a business at a new location, or you moved to study courses as a full-time student enrolled in a post-secondary program at a university, a college, or another educational institution, you can deduct moving expenses. The new home, however, must be 40 kilometres closer to your new location. nn●COVID-19 work-from-home creditsnnThere is one of two types of credits you can apply for if you worked more than 50 per cent of the time from home for at least four consecutive weeks in the year due to the COVID-19 pandemic: You can take a $2 per day flat rate or calculate your home expenses.