<prompt> Human: This past year we fell into a new tax bracket will be owing roughly 15k this year. Im asking for any tips for tax shelters also ways to make additional income such as investing in real estate, creating an LLC, etc. Anyone have a success story to share that has made their money WORK for THEM instead of the other way around?  <response>: You dont exactly fall into a new tax bracket. That is common misnomer. Only income earned in the higher tax bracket is taxed at the higher rate. You can put up to 18k into a 401k tax free. That is one way to lower your tax liability. 