15 Deductions to Reduce Your Tax Bill

What if you’re overpaying your taxes without even realizing it? Every year, millions of Americans leave billions of dollars in […]

What it is: Tax credits for home improvements like solar panels, energy-efficient windows, and heat pumps.

Why it matters: The Inflation Reduction Act expanded these credits—covering up to 30% of installation costs.

How to claim it: Keep receipts and manufacturer certification statements for qualifying improvements.

8. Self-Employment Deductions

Self-employed woman working from home
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