Skip to main content

Featured

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...
Post a Comment
Read more

article

Labels

Deadly Drone Strike in Ukraine Follows Failed Peace Talks

A Russian drone strike hit a passenger bus in northeastern Ukraine on Saturday, killing nine civilians and injuring four others. The attack occurred in the city of Bilopillia, located in the Sumy region, just hours after Russian and Ukrainian officials held their first direct peace talks in years.  

Ukrainian authorities condemned the strike as a deliberate attack on civilians, with President Volodymyr Zelenskyy calling it "a deliberate killing of civilians". The Sumy regional administration labeled the incident a war crime, emphasizing that the bus posed no threat.  

The drone strike came after peace negotiations in Turkey failed to yield a ceasefire agreement. While both sides agreed to a large prisoner swap, they remained divided on key conditions for ending the conflict. Ukrainian officials continue to push for stronger sanctions against Moscow, arguing that diplomatic pressure is necessary to halt further violence.  

The tragedy has intensified calls for international intervention, as Ukraine and its allies seek a resolution to the ongoing war that began with Russia’s invasion in February 2022.

Labels:

Comments

Post a Comment