Most Canadians deal with our tax system only once a year, when it’s time to complete and file the annual tax return.
Most Canadians deal with our tax system only once a year, when it’s time to complete and file the annual tax return.
By the time most Canadians sit down to organize their various tax slips and receipts and undertake to complete their tax return for 2019, the most significant opportunities to minimize the tax bill for the year are no longer available. Most such tax planning or saving strategies, in order to be effective for 2019, must have been implemented by the end of that calendar year.