There are lots of options is available in order to save the taxes for any types of situation and some of the tips are explained below:
Boost retirement savings: Best ways to reduce the tax is to decrease the taxable income and people can save their amount of the retirement saving plan. Money contributed in the plane will not included in the taxable income.
Fund an IRA: If a person not having a retirement plan means, they can put their amount in an IRA. Depends on the income level of the person, if they participate in retirement saving plans in the workplace will lead them to deduct some or every IRA contribution.
Choose health tax break: Employer can make use of flex plan in the company, it will take some part of amount while the person in work , this plans allows them to pay medical bills during an emergency.