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2021 year end tax tips

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Man and woman having coffee in their kitchen and discussing their taxes

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As year-end approaches, now is a good time for clients to review their personal finances and take advantage of any tax planning opportunities that may be available to them before the December 31 deadline.

In this report, we outline some tax tips you may wish to consider for:

Investors
Families with students
Family members with disabilities
Individuals making gifts
Individuals expecting changes to tax rates; and
Business owners and employers.

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This report is published by CIBC with information that is believed to be accurate at the time of publishing. CIBC and its subsidiaries and affiliates are not liable for any errors or omissions. This report is intended to provide general information and should not be construed as specific legal, lending, or tax advice. Individual circumstances and current events are critical to sound planning; anyone wishing to act on the information in this report should consult with their financial, tax and legal advisors. The CIBC logo is a trademark of CIBC.