Here are 5 quick steps to reduce your 2025 tax bill starting this summer.
Planning to buy equipment, software, or take a course?
Spend it this year so you can deduct it on your 2025 return.
Tip: Don’t wait until December act while there’s still time.
Earning more? Great but it could push you into a higher tax bracket.
Now’s the time to calculate income and set cash aside if needed.
RRSP contributions reduce your taxable income especially valuable if 2025 has been a strong year.
Plan early, don’t scramble in February.
The third fiscal quarter ends September 30.
Check your books, ensure correct taxes are collected and reported.
A summer strategy session can help you:
Good tax planning starts before year-end.
TaxLogist is here to help !
