PayrollDs1 good responce

Hi Class

Three different ways to reduce income taxes for yourself are retirement plans, education credits and contributions to a health savings account. 

For all three methods I used the following link:
http://money.usnews.com/money/blogs/the-smarter-mutual-fund-investor/2014/03/11/17-legal-secrets-to-reducing-your-taxes

When you open up a retirement account, such as a 401K, it's pre-taxed.  This reduces your total taxable income and grows tax free over the life of the plan. It's best to start as early as possible so you can have a comfortable money pot to retire with.
The educations credits, such as the Lifetime Credit, reimburse you for money you've paid towards your education in college.  You can get as much as $2,000 a year and this includes reimbursements for not only your education courses, but also other educational expenses.
Opening a HSA will allow you to roll over any unused expenses tax-free.  This is usually good for people who have high deductibles and prefer to have a set amount taken from their check each pay period.  The rollover of any funds unused are tax free.