What are the ways that you can save me money on tax?

• [Tax deductions] are the most common example of a tax savings strategy. Most people are taking some type of deduction or have heard of things like a home office deduction or travel expenses. However, there are specialized deductions that have additional benefits such as the Real Estate Professional designation, the Short-Term Rental Loophole, the Augusta Rule, Cost Segregation, and more.
• [Tax shelters] allow you to funnel money into tax advantaged accounts. Each account has its own rules and associated use cases. Some of the most popular shelters include S-Corporations, Solo 401ks, Checkbook Control IRAs, and Private Foundations.
• [Depreciation] directly offsets your taxable income based on your tax rate (depreciation x tax rate = tax savings). You can invest in deals that give you bonus depreciation and allow you to front load it into the first few years, so you can get a large tax benefit right away. This is useful for offsetting large tax bills.