When it comes to income tax deductions, most people don’t look past the obvious real estate taxes and mortgage interest. The tax laws are now so complicated that if you try to do it all on your own, you’ll most probably end up paying way more than you should! Surprised? Check out these Top 10 Tips to save on your income taxes before this year ends: 1) Go Green: Going green is not only great for the environment and the future of our planet, it also saves you income tax! If you live in a sunny area, install some solar panels on your house and other properties. You’ll save thousands of dollars on electricity bills and earn credits for the panels. Certain cooling and heating systems also qualify for tax credits. 2) Save for your children’s college: A very small percentage of people open 529 accounts for their kids’ college fees. Since Continue reading about 10 Tips to Save on Income Taxes Before This Year Ends
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