DISABILITY TAX CREDIT FAQs
how do you justify your fees?
Paladin charges its contingency fee only on the retroactive portion of your tax refund associated with the Disability Tax Credit. We do not charge any fees forward. You continue to enjoy the benefits of your Disability Tax Credit often for life at no additional charge. Paladin also qualifies you for several other federal and provincial disability programs contemporaneously with the DTC at no additional charge. These programs can often be valued in the hundreds of thousands of dollars over a client’s life time.
Our fees support the dedicated team of professionals at Paladin Disability® who bring decades of medical, legal and tax experience to qualify you and ensure that your Disability Tax Credit application has the best chance for success.
Our Fees also support our continuous outreach to educate the disabled with respect to the Disability Tax Credit and other federal and provincial disability programs through complimentary seminars throughout Canada. They also support our lobbying efforts with the Federal Government of Canada to expand the qualification criteria for the Disability Tax Credit and our pro-bono work for those with proven financial hardship.
how much can i get back?
Depending on your specific tax and disability circumstances; Between approximately
$ 1,500 – $ 40,000.
can i do it myself?
Of course you can. You can also incorporate your own company, draw up your own will, sell your own house and represent yourself in the Supreme Court. The question is whether or not it’s advisable? The Disabled are often encouraged to self-apply for the DTC. This is somewhat reminiscent of a car accident victim being counselled by an insurance adjuster to negotiate a settlement directly with the insurance company without the benefit of a lawyer. It usually does not end well. Unless you have a strong legal or accounting background, it is recommended that you utilize the services of a professional to guide you through the DTC application process. The DTC appeals process can be complicated and costly if you are denied.
how do i know you're legitimate?
We are happy to attach our Bona Fides below and with the exception of our certificate of insurance are verifiable through the applicable Government Agencies websites at no charge. We also do not charge any upfront fees whatsoever.
what do i do if i have concerns?
All of our contracted services are insured and are reviewable by an independent arbitrator at your request.
how long does it take?
Usually less than 6 months, although some files may take longer.
what are my chances of success?
No one can guarantee success. However, we believe that our comprehensive approach maximizes your chances for success.
are you a member of the bbb?
Paladin has explored BBB Accreditation and learned that would have required Paladin to drop its current arbitration package in favour of the BBB’s arbitration model. In the unlikely event of an unresolved dispute, Paladin’s contracted arbitration package permits our clients to pursue their respective claim from anywhere in Canada inexpensively and quickly by electronic means and is backed by Paladin’s multi-million dollar insurance package and relevant legislation. The BBB’s model requires arbitration in the province granting accreditation which is not practical for the majority of our clients outside the Maritimes. Therefore we chose not to pursue BBB accreditation. Paladin however enjoys an “A+” Rating with no complaint history to date as of January 1st, 2019.
HOW DOES BILL C-462 “THE DISABILITY TAX CREDIT PROMOTERS RESTRICTIONS ACT” AFFECT YOUR CONTINGENCY FEE BILLING?
C-462 received royal assent on May 29, 2014. At this time, no one knows who will be covered by the Act and who will not. No one knows what the fee caps will be or how they will function. This law depends upon regulations. The public consultation process concerning the drafting of the relevant regulations took place in the fall of 2014. The Draft Regulations are expected to be published in early to mid – 2020 and they will be open for public and industry comment at that time. We will probably not know the actual requirements of the Act until late 2019 to early 2020 when the Regulations are finalized and the law comes into effect.
Our Contingency Fee Agreements currently charge the lesser of the agreed upon contingency fee or one set by an Act of Parliament. Therefore if a fee cap is established during the tenure of a client’s business relationship and it is lower than the agreed upon fee, the client is entitled to the lower amount. We feel that this is only fair and equitable solution when there is no specific guidance from the Federal Government in this respect.