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Three Smart Levers to Cut Your 2025 Tax Bill

Taxes are inevitable, but overpaying them isn’t. With new rules and opportunities in 2025, smart planning can help you keep more of your hard-earned money. Here are three effective levers to reduce your tax liability this year: 1. Maximize Retirement Contributions Contributing to retirement accounts such as RRSPs (Canada) or 401(k)/IRAs (U.S.) remains one of the most effective ways to lower taxable income. Contributions qualify for tax relief at your highest marginal rate, meaning every dollar you save reduces your tax bill significantly. Employer-matching programs make this even more attractive, and withdrawals in retirement can be structured for lower tax exposure. 2. Leverage Tax Credits and Deductions Common deductions include childcare expenses, education costs, and home office claims. Tax credits, unlike deductions, directly reduce the amount you owe, making them especially valuable. Temporary tax breaks introduced in 2025 can be maximized before they expire. 3. Use...

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Ukraine's Retaliatory Strike: Air Force Targets Bryansk Border Post

In a decisive response to relentless drone attacks, Ukraine's air force launched a strategic strike on a border post in Russia's Bryansk region. The targeted site was identified as a key location for launching Russian attack drones, which have been terrorizing Ukrainian civilian infrastructure daily. 

The operation resulted in the destruction of military equipment, communication systems, and other critical infrastructure at the border post. Ukrainian officials emphasized that this strike was a necessary measure to counteract the ongoing aggression and reduce the enemy's ability to conduct drone operations against Ukraine.

This bold move underscores Ukraine's determination to defend its sovereignty and protect its citizens from persistent threats. The strike is expected to significantly impact Russia's drone-launching capabilities in the region. 



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