Visit http://howmuchtaxcanisave.co.cc/ Lets say this year your gross income is $20,000 ( about $ 1,700 a month ), you may start to pay tax. ( about $10 a month ). Click the extend + sign to see everything. Then think of which item is relevant to you. For below case, this guy can buy a life insurance of $ 3,800 buy $500 magazines buy a $2,000 PC Make sure keep all the receipts and the receipt dates show 2011. Then comes 2012 when you are filing your tax, you can get back all your tax deducted by your company !! The web site is just an estimator or for fun or for educational purpose only. Your actual tax plan and figures may subject to your very own unique condition. Do consult a proper tax consultant or IRB is providing FREE advices when it is near tax submission date. Enjoy !!