How to save money on your taxes before the year ends


Tax season starts next year, but there are some tax-saving tips you can take before December 31.

The Inflation Reduction Act has boosted tax credits for clean home and car efficiency.

You may qualify for tax credits with solar panels and heating and cooling upgrades.

The clean vehicle tax credit offers up to $7,500 based on what electric car you buy.

Match your company’s 401(k) contribution to the max as they are tax deductible.

If you itemize your taxes, maximize your donations to IRS-qualified organizations.

You can contribute to health FSAs and retirement accounts for tax advantages.

Manage and adjust tax withholdings to avoid overpaying throughout the year.

Learn how to increase tax credits and deductions with Beem’s affordable tax filing.