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What are some of the best ways to save money on my taxes?
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1. Consider itemizing deductions, such as charitable donations and mortgage interest payments, instead of taking the standard deduction.
2. Take advantage of tax credits such as the Earned Income Tax Credit (EITC).
3. Look into filing for an extension or requesting a payment plan with the IRS if you owe money.
4. Research local tax incentives offered by your city or county government.
5. Make sure you have all necessary paperwork when claiming any deductions or credits.
6. Consider using a tax preparer who can help maximize your return while minimizing your liability.