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Take advantage of tax incentives for environmentally friendly practices and investments from "summary" of Tax-free Wealth by Tom Wheelwright
One way to reduce your tax liability is by taking advantage of tax incentives for environmentally friendly practices and investments. The government offers various tax breaks to encourage businesses and individuals to adopt environmentally friendly practices and invest in green technologies. For example, businesses that use renewable energy sources, such as solar or wind power, may be eligible for tax credits or deductions. These incentives not only help the environment but also help businesses save money on their taxes. Investing in energy-efficient equipment or buildings can also result in ta...
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