Tax planning may be the last thing on Canadians’ minds as they get ready for the hustle and bustle of the holiday season.
But now is the time to take advantage of credits and benefits available to you until Dec. 31, says Jamie Golombek, managing director of tax and estate planning at CIBC Private Wealth Management.
Otherwise, you may be leaving money on the table that you won’t be able to claim in the new year.
“Most of the planning has to be done in the tax year that you’re in,” Golombek notes. Read More…