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How to Save tax for FY 201819? Incorporate changes made in Income Tax laws in Budget presented on February 1, 2018Version 2.0 Edited: April 12, 2018By Amit Kumar Founder Angolan. Common much tax I
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01
Determine your eligibility for tax deductions and credits.
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Keep track of all your tax-related documents and receipts.
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Maximize your contributions to retirement accounts.
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Take advantage of education-related credits and deductions.
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Consider itemizing your deductions if it results in a higher tax benefit.
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Investigate if you qualify for any state or local tax breaks.
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Make use of tax-advantaged savings accounts like Health Savings Accounts (HSAs) or Flexible Spending Accounts (FSAs).
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Consult with a tax professional or financial advisor to ensure you're taking advantage of all available tax-saving strategies.

Who needs how to save tax?

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Anyone who wants to reduce their tax liability and potentially save money needs to know how to save tax.
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Saving tax means reducing your tax liability by taking advantage of tax deductions, credits, and other strategies allowed by the tax code.
Anyone who earns income and is subject to taxation is required to file their taxes, including individuals, businesses, and other entities.
To fill out your taxes, you will need to gather all relevant financial information, complete the necessary tax forms, and submit them to the appropriate tax authority.
The purpose of saving tax is to legally minimize your tax liability and keep more of your hard-earned money.
You must report all sources of income, deductions, credits, and any other relevant financial information on your tax return.
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