DISABILITY TAX CREDIT FAQs
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.
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.