4 Lesser-Known Ways to Lower Your Taxes in 2023

With that in mind, Mark Steber, Chief Tax Information Officer at Jackson Hewitt, has these helpful tips for minimizing your tax liability -- and keeping more of your hard-earned money for yourself. There are many different factors that go into calculating your tax liability, explains Steber. In fact, Steber suggests spending about an hour each month on taxes -- meaning, to spend that time organizing paperwork and thinking about ways to eke out more savings.