In Your Corner: What can I do now to lower my taxes next year? - News Summed Up

In Your Corner: What can I do now to lower my taxes next year?


The tax deadline is not until April 2022, but there are things you can do now to lower your costs then. People with children should also keep track of eligible child care expenses, Heath said. That can include traditional day or summer camps, all of which can be claimed up to the eligible tax deduction limits. You can also claim some medical expenses. If you have health benefits at work, the out-of-pocket costs you make can often be claimed come tax time.


Source: thestar August 01, 2021 09:00 UTC



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