We will do our best to reduce your tax expense. There are ways to lower your taxable income, like through IRAs and 401ks. The contributions are pre tax dollars, so your taxable income goes down. There are also tax credits available that we can take advantage of. There are EV credits, charitable contribution , child and dependent care credit, child tax credit, credit for the elderly or the disabled, home office expenses, medical expenses, mortgage interest, residential energy tax credits, saver’s credit etc. We’ll make sure you get all the tax breaks and credits you’re eligible for. We’ll also show you how to properly deduct business expenses whenever possible. There are rules and regulations to what can and cannot be deducted, and to what amount. It’s also important to decide whether or not to itemize, to take all the individual tax deductions that you qualify for individually, or to just take the standard deduction. There are many ways of reducing your tax bill that you might not be taking advantage of.