Hard surfaces are your enemy. I'd do a thick shag carpet with foam under it as a first step, then large art panels on both side walls and the back wall. And replace the roman shades over the windows with ones that are heavy linen with blackout lining.
Other things I would do - pull the speakers forward as much as possible. And finally I'd re-configure the stereo rack so it's low and wide and not so tall as to affect the imaging from the right side.
Aaargghhh!!! I'd love to do all of these things, but Tyson, you know what's standing in my way...
Having said that, I've got some blackout curtains in my wishlist. I just gotta find the right time to bring it up. If I had my way, I would have dismantled the rack and placed the gear near the floor years ago, and I would not have allowed children in the room. And if I pull the speakers forward, the left one will partially block the TV. (Imagine how that conversation would go.) Instead, I'd have to move them back and forth when I'm listening, and those darn things are too heavy for that!! I'm guessing 175 pounds each.
But it's my house, too, dammit, so I'll never surrender... I'll take another look (for the 99th time!) at how I can clean up the audio rack situation. I can also explore adding a rear-wall element that mimics an acoustic panel.
A curious question I've had for 30 years is this: What are the sonic differences, if any, between drywall and wood paneling (it's called judge's paneling)? The solid wood panels in my room are likely 1/4" thick with 3/4" rails and mouldings. Thin wood seems like it would ring incessantly.