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ARTICLE · 10 JANUARY 2025

How To Impact Your 2024 Tax Bill

At Crowe MacKay LLP, our trusted advisors prioritize understanding your needs. Whether you're filing taxes for the first time or have done so before...

CanadaTax

At Crowe MacKay LLP, our trusted advisors prioritize understanding your needs. Whether you're filing taxes for the first time or have done so before, our tax team is here to help you maximize your return. We focus on key areas where you may qualify for tax savings, ensuring you get the most out of your filing.

Accounting & Legal Fees

Certain accounting or legal fees, such as the cost of representation on tax disputes, are deductible in the year paid. If you have these costs, be sure to pay them before the end of the year.

Charitable or Political Donations

If you plan to give money to a charity or political party, make sure the gift or donation is made before December 31, 2024, to ensure you can claim the tax credit on your 2024 return.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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