Taxes for Dummies 2007

Cover Art for 9780470079010, Taxes for Dummies 2007 by Eric Tyson, Munro EA, Margaret A., Silverman EA, David J.
ISBN: 9780470079010
Publisher: For Dummies
Published: 20 December, 2006
Format: Paperback
Language: English

Tax season doesn't just have to be about paying Uncle Sam his due. Sure, giving up your hard earned dollars hurts, but you can turn lemons into lemonade by turning knowledge into immediate and long term tax savings. What's more, wising up about your tax situation can only increase your financial savvy and bolster your future fiscal health. Combining tax preparation and tax planning advice, "Taxes 2007 For Dummies" is the latest offering in the highly praised "Taxes For Dummies" series. This easy and fun guide (yes, a fun tax guide) walks you line by line through the most common forms, with analysis especially relevant for TurboTax and other tax software users. Fully updated for 2006, including Alternative Minimum Tax relief and Roth IRA conversions, this handy resource covers critical tax code changes and provides new tips for money saving end of year tax moves. You'll find out how to: itemize your deductions; negotiate with the IRS; take advantage of tax credits to reduce what you owe; make tax wise personal finance decisions; avoid common mistakes before you file; audit proof your tax return; and, fill out the dreaded Schedule D. Packed with standout tips, tax cut opportunities, warnings, reminders, and sidebars, "Taxes 2007 For Dummies" is a clear road map to doing your taxes in 2007 and to wisely planning your future finances for years ahead.

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