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

Air India Flight Returns to Hong Kong Amid Mid-Air Technical Issue

An Air India Boeing 787-8 Dreamliner bound for New Delhi was forced to return to Hong Kong shortly after takeoff due to a suspected technical issue on Monday. Flight AI315, which departed from Hong Kong International Airport at approximately 12:20 p.m. local time, reached an altitude of 22,000 feet before the crew decided to turn back as a precautionary measure.

The aircraft landed safely at around 1:15 p.m., and Air India confirmed that the plane was undergoing checks to ensure passenger safety. The airline stated that alternative arrangements were being made to transport affected passengers to their destination.

This incident comes just days after another Air India Boeing 787-8 Dreamliner crashed in Ahmedabad, India, killing 241 passengers and crew members. The recent technical issue has raised concerns about the reliability of the airline’s fleet, prompting further scrutiny from aviation authorities.

While the exact nature of the technical issue remains undisclosed, Air India and Boeing have yet to provide additional details regarding the incident. Authorities continue to investigate the safety of the aircraft model following the recent tragic crash.

Labels:

Comments

Post a Comment