Protax Canada

10/21/2026

💡 If you qualify for the Disability Tax Credit: up to $66,000 for yourself, or up to $106,000 for a dependent child (10-year estimates, including RDSP grants and bonds).

✅ Disability Tax Credit (DTC): severe and prolonged impairment (12+ months), Form T2201 certified by a medical practitioner
✅ Claim BOTH amounts for 2025: federal $10,138 + Ontario $10,298 (amounts claimed, which lower your tax)
✅ Approved? Returns can be adjusted up to 10 years back
👨‍👩‍👧 Unused amount can transfer to a supporting family member, and caregivers may also claim the Canada caregiver amount (up to $8,601) and the Ontario caregiver amount (up to $6,008)
💵 Canada Disability Benefit: ages 18-64, low income, up to $200/month (July 2025-June 2026), rising to $204.20 from July 2026
🏦 RDSP (DTC approval required): up to $3,500/yr in grants + up to $1,000/yr in bonds
🧒 Under 18? The Child Disability Benefit may also apply

⚠️ Some companies keep 20-30% of your refund. ProTax handles it all for a $50 per year flat fee.
💻 Done remotely, no office visit needed.

📍 Unit 11, 800 Queenston Rd, Stoney Creek
📞 905-930-7410

⚠️ ESTIMATES ONLY. Amounts apply only if the DTC is approved by CRA and income limits are met. RDSP grants/bonds go into a savings plan, not your pocket. The Canada Disability Benefit started June 2025, so it can't go back 10 years.

General information only, not tax advice. Eligibility and amounts depend on your situation and income. Book a consultation.

10/19/2026

It's Small Business Week 🍁 and the perfect time to plan ahead for the 2026 tax year.

🎁 This week only: FREE 30-minute tax planning consultation for small business owners and self-employed clients. Call 905-930-7410 to book.

A quick planning check now can save you stress and money in the spring:
✅ Get your books and receipts organized
✅ Review your expenses and deductions
✅ Plan ahead for HST and instalments
✅ Avoid surprises at tax time

ProTax Canada has helped Hamilton and Stoney Creek small businesses and self-employed clients since 2010.

📍 Unit 11, 800 Queenston Rd, Stoney Creek
📞 905-930-7410 · Mon–Fri 10–6
🌐 protaxcanada.ca

10/15/2026

🔑 Bought a new home but the old one hasn't sold yet?

✅ The "plus one" rule usually covers the year you own both
✅ Old home sold by the end of the next year? The full gain is usually still tax-free
⚠️ Sits unsold for years, or rented out? Part of the gain can become taxable
⚠️ Selling the NEW home within 365 days? Anti-flipping rules may tax it as business income
📝 Every home sale must be reported (Schedule 3 + Form T2091)

Plan your move with us before you list.

📍 Unit 11, 800 Queenston Rd, Stoney Creek
📞 905-930-7410
🗓️ Serving Hamilton & Stoney Creek since 2010

General information only, not tax advice. Every situation is different. Book a consultation.

10/15/2026

🏡🌲 House AND a cottage? Only one can be your principal residence each year.

✅ Your family can designate one property per year
✅ You choose which years go to which property when you sell (Schedule 3 + Form T2091)
✅ The "plus one" rule gives you a bonus year
💡 Usually shelter the property that grew the most per year
⚠️ Only half of the taxable gain goes into income, but the wrong choice can still cost thousands

Selling the cottage or the house? Let's plan it first.

📍 Unit 11, 800 Queenston Rd, Stoney Creek
📞 905-930-7410
🗓️ Serving Hamilton & Stoney Creek since 2010

General information only, not tax advice. Every situation is different. Book a consultation.

10/14/2026

🏡 Sold your home this year? Don't skip this step!

Your principal residence is usually tax-free, but it is NOT report-free.

✅ Every home sale must be reported on your tax return (Schedule 3 + Form T2091)
⚠️ Late reporting can cost up to $8,000 in penalties
⚠️ Sold within 12 months of buying? Anti-flipping rules may make your profit fully taxable
✅ Rented out part of your home, own a cottage, or have more than one property? The exemption may not cover the full gain

Don't let a missed form cost you thousands. Talk to ProTax Canada before you file.

📍 Unit 11, 800 Queenston Rd, Stoney Creek
📞 905-930-7410 | protaxcanada.ca
🗓️ Serving Hamilton & Stoney Creek since 2010

This post is general information only, not tax advice. Every situation is different, so book a consultation.

10/14/2026

5 tax moves to make before December 31 🍁

1️⃣ Donate to a registered charity by Dec 31 to claim it on your 2026 return
2️⃣ Gather your medical receipts
3️⃣ Self-employed? Organize your books now, not in April
4️⃣ FHSA: contribute by Dec 31 to count for 2026 (up to $8,000 a year)
5️⃣ Plan your RRSP contribution (deadline early March)

Save this for later and share it with someone who needs it 👇

📍 ProTax Canada, Unit 11, 800 Queenston Rd, Stoney Creek
📞 905-930-7410 · Mon–Fri 10–6
🌐 protaxcanada.ca

10/12/2026

Claiming CCA on your rental could cost you thousands when you sell. 🏠🍁 You can deduct mortgage interest (not principal), property tax, insurance, repairs, utilities you pay, management fees and advertising. Capital cost allowance (CCA) is optional. It can't create a rental loss and can be taxed back (recapture) when you sell. Not sure if you should claim it? Let's plan it together.
📍 Unit 11, 800 Queenston Rd, Stoney Creek
📞 905-930-7410 | protaxcanada.ca

10/11/2026

Happy Thanksgiving from all of us at ProTax Canada! 🍁🦃

This long weekend, we're grateful for our wonderful clients and community in Hamilton and Stoney Creek. Thank you for trusting us year after year. Wishing you and your family a warm, happy Thanksgiving.

🗓️ Our office is closed Monday, October 12 for Thanksgiving. We're back Tuesday at 10 AM.

📍 Unit 11, 800 Queenston Rd, Stoney Creek
📞 905-930-7410

10/09/2026

Comment "SCAM" if you've had one of these 👇

Scammers pretending to be the CRA text, email and call, and caller ID can be faked. The CRA says it will never demand immediate payment by e-transfer, gift cards, crypto or prepaid cards, threaten arrest or send police, or text you a link to your refund.

Not sure it's really the CRA? Hang up and call the CRA directly at 1-800-959-8281.

Got a CRA letter or message you're unsure about? Bring it to Unit 11, 800 Queenston Rd (Mon–Fri 10–6) and we'll help you make sense of it.

03/12/2024

Same day appointment

Taxes and Tax Preparation, Filing Advice Help with Tax Return Information | Taxes and Professional tax preparation services, Serving Hamilton, Stoney Creek and surrounding southern Ontario area