In this article

    Year-End Tax Planning Actions

    Year-End Checklist

    • Maximize pension and training fund deposits
    • Make recognized charitable donations (35% credit)
    • Realize investment losses to offset gains (tax-loss harvesting)
    • Purchase business equipment for depreciation deductions
    • Review and optimize rental income tax route
    • Coordinate tax advances with projected annual liability
    • Ensure all invoices and receipts are properly documented

    Important Note: The information on this website is for general informational purposes only and does not constitute professional tax advice. Consult a qualified tax advisor before making financial decisions.