Christina Chin Consulting
Provide locals with fast, affordable, and top quality accounting and tax services.
15/02/2021
Would you like to claim more than the $400 flat rate home office deduction?
You might be eligible to deduct more if you use the detailed method calculation. Expenses included in the detailed calculation are listed in this post.
Feel free to contact me if you need help calculating your home office deduction 😊
12/02/2021
⚠️ New for 2020 Tax Returns ⚠️
Did you work from home in 2020 due to COVID-19? If you did, you could be eligible for the new $400 work from home tax deduction.
Contact me if you have any questions regarding eligibility or how you can claim the deduction.
16/01/2021
Need help deciding whether you should contribute to your RRSP or TFSA?
Feel free to contact me for a free consultation 😊
08/01/2021
Happy new year everyone!
I wanted to make a quick post reminding everyone that as we enter into 2021, we have an additional $6,000 of TFSA contribution room.
A Tax-Free Savings Account (TFSA) is a great way to save and grow your money.
If you haven’t set up a TFSA account yet, feel free to contact me and I would be more than happy to help set you up! 😊
Calling all Seniors of TikTok! 🧓🏻👴🏻(Students - Please share this with your Grandma, Grandpa, Popo, Gong Gong, Nona, Nono, Dadi, and Dada during this long weekend)
I challenge you all to a dance battle! After learning about the new government assistance program for seniors (see 2 posts ago), let’s celebrate together.
Here’s how to participate:
1️⃣ Download the Tiktok app (You can ask your grandchild for help)
2️⃣ Follow
3️⃣ Duet my most recent dance and send it to me
4️⃣ Receive a free consultation if you have any questions for me 😊
The goal of this challenge is to spread some positivity and have some fun! (This is my first time on TikTok too so we can learn together).
The Deadline is in TWO weeks! Tag your favourite seniors in the comments!
14/05/2020
🚨Attention all students!🚨
The Canada Emergency Student Benefit (CESB) application will be open on May 15, 2020 at 6am! The CESB is a government assistance program for incoming, current, and recent post-secondary education graduates.
Regarding eligibility, students must attest that for COVID-19 reasons they are:
✅ Unable to work, or
✅ Seeking work but unable to find it, or
✅ Working but unable to make more than $1,000 before taxes over the 4 week period they are applying for
The three categories of eligible students are the following:
1️⃣ Students currently enrolled in post-secondary education (including majority of masters programs)
2️⃣ Students who have graduated or left post-secondary studies no earlier than December 2019
3️⃣ Students who have completed or will complete highschool in 2020 and have applied for post-secondary education that begins before February 1, 2020 (High school students are only eligible for 2 months of CESB - July and August)
The amount of CESB is $1,250 per month (if you are a person with a disability or have dependents you will receive $2,000 per month) for a maximum of 4 months.
Make sure to set up your MyCRA Account in order to apply for the CESB.
Feel free to contact if you have any questions.
13/05/2020
Are you a Senior (65+)?
You may be eligible for up to $500 from the CRA!
1️⃣ If you are eligible for OAS, you will receive $300
2️⃣ If you are eligible for GIS, you will receive $200
Swipe to learn more about OAS and GIS requirements!
As always please feel free to reach out if you have any questions and share this amazing news with your loved ones!
@ Richmond Hill, Ontario
11/05/2020
Hi everyone,
I hope you are all doing well! I wanted to send a reminder that T1 personal tax returns are due in exactly 3 weeks (June 1). As always, please feel free to reach out if you need any assistance.
01/05/2020
Are you a business owner who needs help with your taxes?
Take a look at what Hank and his wife Susie have to say!
Contact today for a free consultation!
🚨 ATTENTION ALL STUDENTS 🚨
Please watch this video to understand Canada’s new $9B program for students and grads!
I’ve received a few questions regarding the new government assistance programs and decided to make series of videos to help you all maximize your grants during this time of COVID-19.
My first video is for students. I’ll be talking about:
1️⃣ Canada Emergency Relief Benefit (CERB) —> $8,000
2️⃣ Canada Emergency Student Benefit (CESB) —> year $5,000
3️⃣ Canada Student Service Program —> up to $5,000
4️⃣ Increase in OSAP Funding to $6k next year and a 6 month interest free grace period on student loans for new grads
5️⃣ Summer placement options for students
As always, if you have any questions please free to ask!
Please share this video with all your friends who may use some of these tips.
Stay tuned for more videos to come.
23/04/2020
Have you set up your CRA account online yet? If not make sure you sign up for one as soon as possible as it takes a few days to set up your account.
By having an account you can:
1️⃣ Apply for government assistance programs such as CERB and the upcoming Emergency Student Benefit
2️⃣ Easily access your tax slips (T3, T4, T5, OAS, TFSA, etc.) [However does not include certain slips such as Donations, Ontario Trillium Benefit, Tuition, etc.]
3️⃣ Access information regarding your RRSP and TFSA room to avoid over contribution penalties
4️⃣ Access your current year tax filing status and previous tax returns
If you have any questions about how to create your online CRA account feel free to reach out to me
20/04/2020
Here’s a testimonial from one our of clients. If you are a professional like Dr. Eva and need help with tax planning, contact us today for a free consultation.
17/04/2020
Thanks everyone for your great questions so far. Many of you have asked when the new tax return filing deadline is. The CRA has extended the deadline for individual T1 returns to June 1st. If you haven't filed your tax return yet, feel free to contact me and we can get your return submitted in time!
Hi everyone! My name is Christina and I am the principal of Christina Chin Consulting. I help small businesses, sole proprietors, and individuals file their tax returns. If you would like to maximize your deductions and discuss tax planning please dm or email me. Stay tuned. I’ll be posting tax tips regularly.
Hi everyone! My name is Christina and I am the principal of Christina Chin Consulting. I help small businesses, sole proprietors, and individuals file their tax returns. If you would like to maximize your deductions and discuss tax planning please dm or email me. Stay tuned. I’ll be posting tax tips regularly.
14/04/2020
14/04/2020
Videos (show all)
