Best tax breaks

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

4 of 4
Flower children
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.

More galleries
Last updated April 17 2009: 8:38 AM ET
Best tax states for retirees Moving just one state away could have a major impact on your tax bill. More
Best questions to ask a charityNonprofits need you, but some use your dollars more effectively than others. More
Best places to find a job These areas have low unemployment and a high proportion of professional jobs. More
Special Offer
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.