2023 tax return: What you should be doing right now
2 min read
Tax expert Jamie Golombek offers tips on CRA deadlines and changes
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Tax season is fast approaching, but there are a few things you should be doing right now to get a head start.
The most important thing, tax expert Jamie Golombek said, is to know your Registered Retirement Savings Plan (RRSP) contribution limit.
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The managing director of tax and estate planning at CIBC Private Wealth Management said being aware of your limit is key since the deadline to claim an RRSP deduction on your 2023 tax return is Feb. 29. Canadians can still contribute to their RRSPs after that deadline, but they won’t be able to claim the deduction until their 2024 tax return.
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Noella Ovid
2024-02-17 11:00:37
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