2023 Tax Planning Tips | EP 034

As another year ends, it is important to review your finances and see if there are ways to improve your tax position heading into the new year. This year has been marked with significant volatility and rising interest rates & inflation should be top of mind in your tax and financial planning.

Top issues to consider heading into 2024
- Tax deadlines
- Investment goals
- Family situation
- Retirement & estate planning
- Other planning considerations

Your personal tax return might only filed once per year but steps to reduce your tax liability and improve your overall financial situation should be taken throughout the year. The above tips, in conjunction with discussions with Legacy Tax & Accounting LLP, can help you improve your tax position heading into 2024.

#taxtips #tax #taxtalkpodcast #legacytax #cpa #RRSP #investments #2023 

Disclaimer

By using this website, blog or podcast, users agree as follows:

The information, services and/or products are for general information only and any reliance on the information provided therein is done at your own risk. If you make tax, accounting, investing or legal decisions after accessing this website, blog or podcast, it is recommended that you consult a qualified professional first.

The views and opinions expressed are those of the author, seller, guests or publisher and do not necessarily reflect the views of the organizations or businesses that these individuals are associated with.

Although we make strong efforts to make sure my information is accurate, we cannot always guarantee that the information on this website, blog or podcast is always correct, complete or up-to-date.