CRA disability tax credit, Canadian Benefit Union

FAQ

What does Blue Ocean Financial Strategies do?

Blue Ocean Financial Strategies specializes in helping Canadians with disabilities receive Disability Financial Benefits. Blue Ocean Financial Strategies offers 7 unique services that all result in a financial benefit back to it’s clients.
In addition to the 7 unique services that it offers, Blue Ocean Financial Strategies also provides tax & financial services for those with Medical and Disability-related.

Why didn’t my accountant notify me about Disability Financial Benefits?

Accountants do not specialize in the medical and disability field. They understand the accounting terms, but not the criteria, medical aspects, or the procedures in efficiently and effectively getting approved. Blue Ocean Financial Strategies specializes in Disability Financial Benefits.

Why didn’t my doctor tell me I qualify?

Doctors specialize in helping patients with their health concerns. They work in assessing individual’s physical and mental characteristics . Doctors are not knowledgable in the area involving the financials, taxes, and accounting aspects of the Disability Financial Benefits.

There is NO upfront fee? How does Blue Ocean Financial Strategies collect their fees?

Blue Ocean Financial Strategies does not charge any up-front fee, processing fee, nor is there any hidden fee associated with our services offered. Unlike many other companies.
Blue Ocean Financial Strategies work’s on a contingency basis, meaning Blue Ocean Financial Strategies only get paid if our client receive their Disability Financial Benefit. The contingency structure allows for the most favorable results because it works in the interest of our clients. It requires all of our representatives to put forth exceptional effort in producing and maximizing each and everyone of our clients financial benefit; which in turn will ultimately benefit us as well.
In the event that the Blue Ocean Financial Strategies is unable to produce a financial benefit outcome for our client there is NO out-of-the-pocket expense.

Is my information secure?

Blue Ocean Financial Strategies is committed in protecting our client’s information in the highest regard. Confidentiality and integrity is Blue Ocean Financial Strategies number one priority.

Can I claim on behalf of my child?

Yes, not only can parents of children with disabilities apply on behalf of their children, the Canadian Government grants additional amounts for children under the age of 18. In many situations, we can claim these additional amounts even if the child is now over the age of majority (18 years old).

If I support an individual with a disability and incur high medical cost, am I entitled to any benefit?

Yes, you can potential receive Disability Financial Benefits if you support an individual with a disability.
A supporting person can be a spouse, common-law partner, parent, grandparent, child, grandchild, brother, sister, aunt, uncle, nephew or niece of the individual.

How long does the process take?

It takes approximately 16 weeks. What we ask of our client’s is to be punctual in corresponding with the representative in order to receive the Disability Financial Benefit in a timely manner.

I have applied for Disability Financial Benefits and have been declined, how is Blue Ocean going to help me get approved?

There may be numerous reasons why your application was declined. Individuals that apply on their own do not know the criteria, or the proper procedures necessary to have the application approved. Blue Ocean Financial Strategies specializes in Disability Financial Benefits we are well versed in the specific details and criteria that are required to get APPROVED!