Welcome to our 2019 tax planning issue; a guide dedicated to
helping you get the most out of your tax returns. This newsletter
is full of topics and opportunities that we believe you should
consider when filing your 2019 taxes. 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 installments quarterly to avoid interest
charges?