Welcome to our 2017 tax planning issue, full of topics and
opportunities that we believe you should consider as we reach the
end of 2017 and look forward to 2018. This publication is not
intended to be a summary of the technical provisions of the Income
Tax Act and before you undertake any tax planning strategy, it is
important to review it thoroughly with your Crowe MacKay tax
advisor.
Missed Opportunities Mean Extra Taxes
Thousands of Canadians pay more income tax than they
should. By not taking full advantage of deductions, you may
be one of those generous Canadians without even knowing it.
Are you aware of all of the deductions that are available to
you? Do you file your return on time? Do you pay tax
instalments quarterly to avoid interest charges? This document
outlines some of the important dates and some of the commonly
missed opportunities that could be contributing to your larger than
necessary tax bill.
