KD Professional

KD Professional

KD PROFESSIONAL is a group of interconnected companies offering a wide range of financial, accounting and tax services to individuals and businesses across Canada.

Through our experienced staff and strategic alliances, we provide exemplary service and solutions to maximize your cash flow, while preserving Wealth.
The Forum Poll recently did a random sampling of public opinion among 1281 Canadian voters and it shows that 71% say they are confident that charities will use donations responsibly. Only 7% say they are not confident at all on the use of their donations. This is a good indication of the general attitude of Canadians towards charitable giving. Indeed, Canadians are very giving. But it is also important as donors to be sure that our donations are spent efficiently and are eventually used to change lives. There are many charities that we can choose from. It is a MUST as...
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In another twist in the ongoing disability tax credit scenario, Diabetes research and advocacy groups claim to have obtained an internal CRA memo essentially ordering CRA agents to deny the Disability Tax Credit to diabetics. According to the Diabetes Canada and Juvenile Diabetes Research Foundation, they obtained an internal CRA memo dated May 2, 2017 that says, “Unless there are exceptional circumstances, adults with diabetes can generally manage their daily insulin therapy without taking 14 hours per week.” With this statement, Diabetes Canada says CRA will most likely deny the disability tax credit to most adults with Type 1 diabetes even...
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On our blog,  Reported Clawbacks on the Disability Tax Credit, we talked about reports that some sufferers of mental health disabilities have been denied access to the disability tax credit by the CRA after having received the tax credit for years.     In an apparent response to these reports, the CRA has announced that they are reinstating the Disability Advisory Committee.  The Committee was originally formed in 20014 and disbanded in 2006.     The reinstatement of the Disability Advisory Committee is one of the steps taken to enhance the accessibility of the CRA’s services to persons with disabilities.  The Committee’s core...
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If you have not filed your income tax return for the tax year 2007, you have until December 31, 2017 to submit your request under the taxpayer relief provisions. The CRA administers the taxpayer relief provisions that allows them to cancel or waive penalties or interest, accept certain late, amended or revoked elections (income tax only) and refund or reduce the amount payable beyond the normal 3-year period (for individuals and testamentary trusts only.) There is a 10-year time limit on the taxpayer relief provisions which means that if you want to submit a request with regards to the 2007 tax...
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KD Professional Services
Monday-Friday 9am- 5pm
102, 221 18th Street SE
Calgary, AB, T2E 6J5

403-219-0602
403-219-0603

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