Year-end tax planning opportunities

DLD Quarterly Money Thoughts (Dec 2016) includes Season for Taxes – Take advantage of some year-end tax planning opportunities, RRSP contribution deadline for 2016 taxes, Avoid Financial Stress and Cash Flow Plan.

Take advantage of some year-end tax planning opportunities.

Here are a few tips unique to the 2016 year end:

  • Tax-Free Rebalancing of Corporate Class Mutual Fund Investments before December 31 (new for 2016)
  • Children’s Fitness and Arts Credits (final time in 2016)
  • Make Renovations for Home Accessibility (new for 2016)
  • School Supply Tax Credit (new for 2016)

> View the article for more details about these tax tips

Source: Forum Magazine November/December 2016 – Jamie Golombek, CPA, CA, CLU, TEP

RRSP Contribution Deadline for 2016 Taxes

Please note all RRSP contributions must be submitted to us by March 1, 2017 to receive your tax receipt for your 2016 taxes.

Strengthening financial literacy in Canada
Avoid Financial Stress

Avoid Financial Stress and save up for emergencies.  > Click to learn more about Strengthening financial literacy in Canada.

Certified Cash Flow Specialist
Your Cash Flow Plan

Lastly, Kelly will become a Certified Cash Flow Specialist™ by the end of 2016/early 2017. This designation means she has specialized training that allows her to create a written cash flow plan for you. Don’t know the difference between a cash flow plan and a budget? Contact Kelly to find out how this can help you.

we wish you Happy Holidays and a prosperous and healthy 2017