If you live off of a salary, it's only natural that you look for ways to save on taxes. Here are some tips on how to save as much money as possible: 

Restructure Your Salary

Although salary restructure might not always be possible, if your employer permits it, try to include various allowances like transport, medical and education as a part of your salary. 

Boost Your Retirement Savings

Reduce you taxable income and lower your tax bill by putting more money into your retirement savings plan, because that doesn't count as taxable income.

Keep Track

Be smart and keep receipts of what you have bought for work purposes out of your own pocket as you will get a deduction of up to 250 dollars from such expenses.

Save Right

Make use of a Coverdell Savings account when saving for your children's future. 

Use Savings Bonds to Pay for College

You will avoid taxes on the interest if you cash in savings bond to pay for your child's college tuition.

Protect Your Heirs

Ensure that the beneficiary designations for your IRAs are updated regularly so as to protect your heirs.

Leave Travel Allowances

Make sure that you make full use of the LTA allowance that you get twice every four years so that it doesn't lapse.
 

Apart from these tips, there many more steps you can take to reduce your taxes as much as possible. If you can, hire or consult with an accountant for even more perks and deductions.