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Tips to Reduce Your Taxable Income

We all know the New Year is just around the corner. The end of the year is a time for many to reflect on the past year and plan for the year ahead. It’s also a good time to get ready for tax season. If you think you might owe the taxman some money (like I do this year!), there are some things you can consider doing to reduce the amount you owe. What’s the catch? You need to squeeze them in before December 31st. Here are some end-of-year tax tips courtesy of H&R Block Canada. 

Note: Please speak to your local H&R Block office to see if these tips and others are applicable to your individual situation.

 

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Erin Thompson

Erin Thompson spent years managing her own blog about budgeting and debt. Because of that, she has great insights not only about managing spending and borrowing but also about running websites profitably. When she's not writing articles for us, she's traveling and looking for new types of wines to try.
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The content on Cashblog.com is for informational and educational purposes only. It is not financial advice and we are not certified financial advisors. Cashblog.com strives to keep its information accurate and up to date, but it may differ from actual numbers. We may have financial relationships with companies listed on our site. We may receive compensation for the placement of sponsored products or services. We work hard to write authentic and accurate articles.