As another year draws to a close, now is a good time to take stock and consider ways to improve your tax position for 2017.
Several major tax changes are coming in 2018, especially for owners of private companies, and there are some opportunities and planning choices that you should consider before the end of this year.
To help you assess your tax situation for 2017, KPMG has prepared a checklist. You can use it to make sure you are making the most of potential tax savings opportunities this year. The checklist is broken down into sections that look at your investments, your family’s tax situation and your retirement and estate planning. It also includes a summary of some key CRA deadlines you need to meet in order to realize 2017 tax savings.
Download this edition of the TaxNewsFlash to learn more.