Year-end tax planning 2023

Another year is ending, and there are several tax issues to consider for 2023. While it’s best to have a sound tax strategy throughout the year, it’s not too late to end the year on the right foot.

To that end, here are a few tips you can implement between now and the end of 2023 or the beginning of 2024 to reduce your tax bill.
To help you optimize your year-end planning, our tips consider the new measures announced by Canada’s Department of Finance in the March 2023 budget, although some measures have not yet been included in an approved bill.