The Federal Tax Credits Blog

Posts Tagged ‘cra’

House Session 2011-07-11 (19:32:01-20:32:23)

mission life intro

Question: Tax question in regards to CPP?

A few years ago I was deemed as disabled both by Revenue Canada and Canada Pension and stated receiving a disability pension from CPP. I also filled out a T2201 form for the disability tax credit and was approved by Revenue Canada. I was sent a letter in regards to my Canada pension and I quote ” RETIREMENT BENEFITS from the effective date of your benefit you can no longer contribute to the CPP plan. You may use this letter to inform your employer.” Now in Nov 2009 I was employed and asked at Service Canada about this issue and was told that as Long as I am working I have to pay CPP so I have been paying it. When I used Quick Tax to do my 09 taxes they filled out a form for CPP reimbursement and are getting all my contributions back. I don’t really know who is right or where to ask so I thought I would throw it out here. Please respond to dalerussell240@msn.com Thanks

Answer: First, if you resume working, in most instances your CPP disability benefits will stop. Once they stop, you continue to contribute CPP premiums.

http://www.servicecanada.gc.ca/eng/isp/cpp/receive.shtml#e5

You do not contribute while you are receiving CPP disability benefits.

http://www.servicecanada.gc.ca/eng/isp/pub/cpp/disability/benefits/section2a.shtml#contributions

It can be tricky qualifying for a disability credit

No one wants to have a disability. It can be something physical that shows, or one that doesn’t, but it is something that doesn’t let you do what you’d like to do. It impairs your quality of life. It changes things.[...]

Question: For my child that lived abroad with my parents, can I claim child tax credit and dependent?

My daughter spent most of the last year with my parents abroad. We did provide support for her living cost. Can we claim her as our dependent? Can we claim child tax credit? Thanks!

Answer: The following assumes your child is under 19 or under 24 and a full-time student.

To be your “qualifying child”, your child will have had to live with you or your spouse for more than half the year. Therefore, your daughter cannot be your “qualifying child.” Because of this, you will not get the child tax credit.

Are your parents US taxpayers? If so, then your child is the “qualifying child” of your parents, since your child did not provide over half of her own support. Your parents may claim her as a dependent and get the child tax credit, even if you supported the child.

If your parents are not US taxpayers, then your child is your “qualifying relative” as long as you have provided over half of her support. You can claim a dependency exemption for her but no credits associated with “qualifying child” such as the child tax credit.

Ohio Gov. Ted Strickland accuses John Kasich of helping the super rich while in Congress

Democratic Gov. Ted Strickland attacks the congressional voting record of his Republican opponent, John Kasich.

VP Biden on Economic Expansion for the Middle Class

The modeling world has gone through a major facelift in the last decade or so. In fact, now there are many more opportunities in the world of modeling especially since the advent of the internet. This has also opened doors for child models who can work on commercials over the internet, on television and even in the print media. There are several companies who sell only children related products and they require children for modeling of their products. Apart from such companies, there are many more modeling avenues for children.

Child models are required in different industries like education, baby and child accessories, clothing, music, pets, swimwear, child fashion, health and medicine, toys, and much more. So there is always a requirement for child models although it might not be as often as it is in professional advertising. Today, the industry even requires children for modeling on the ramp. So there are several changes that have gone about making the modeling industry different but parent who have aspiring child models need to be extremely cautious because there are several fake agencies out there who just want to rip you off.

The question is how you can distinguish between a real agency and a fake one. After all, no one would say that their agency is a fake and most agencies looking for children for modeling work almost in a similar fashion. Here are some things that you need to remember:

A legitimate or real agency will never ask you for money or any type of advance payment. The norm is that agencies will check the portfolio of all child models and send it ahead to an advertising agency or directly to the client for an audition. If you child gets through the audition and gets an assignment then you will need to pay the modeling agency a mutually agreed percentage. If the agency is a fake modeling agency then they will charge you money in advance for creating a portfolio or for modeling classes or even to get an audition. Never fall for that trap!

The second most important fact is that agencies don’t conduct modeling classes nor do they try and sell modeling classes. A fake agency will try to impress you by saying that they will get your child into a modeling class so that they are better prepared for the audition and the probability of getting through is also higher. You need to understand that companies looking for children for modeling work don’t require your child to have any previous modeling background or education. All they need is a child who is smart, cute, charming, and who can carry a big and innocent smile. So if an agency tells you that they will enroll your child in their modeling classes, and then put your foot down. This is definitely not the modeling agency that you are looking for.

Last but not the least, a legitimate modeling agency will not try and sell you photos. If you get photographs of your child clicked at an agency then pay directly to the photographer instead of the agency.

Business people

The Hutchinson office of Hospice Care of Kansas announces that the following professionals have join …

Why Stimulus Money Is Not Reaching Self Employed Middle Class Working Poor Families