Best tax breaks

These four strategies can save you some serious cash when Uncle Sam comes knocking.

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Strategy: Work on your house.

If you make certain energy-efficient home upgrades this year or next, you'll get a tax credit of up to $1,500 (there's no income cap). Those improvements include attic insulation, windows, and furnaces, as long as they meet the energy-saving standards specified in the law. Find out more at the website of the Alliance to Save Energy.

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Last updated April 17 2009: 8:38 AM ET
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