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Crunch Time Tax Guide Edited by Matthew Schifrin 04.14.08, 6:00 PM ET April 15 is here! But have no fear, a wealth of tax resources is just a few clicks away. In our 2008 "Crunch Time Tax Guide" we review everything from the most overlooked deductions to the dreaded Alternative Minimum Tax. Plus, ways to get more out of President Bush's tax rebate and a smart list of no-load mutual funds for your IRA. Of course when it comes to actually filing your forms, the Internal Revenue Service has made things fast and easy. Check out www.irs.gov/efile for details. For a few dollars more, you can download user-friendly tax preparation software from TurboTax or TaxCut. For a thorough assessment of the merits of these two popular tax software programs, courtesy of the American Association of Individual Investors, read "Software Smackdown: TurboTax vs. TaxCut." Even more important than paying taxes is finding ways to lighten your burden now and in the future. Those unhappy with their 401(k) choices should read The Great 401(k) Escape. And for a cautionary tale on a popular tax haven, Liechtenstein, read "The End Is Nigh For Liechtenstein" by Parmy Olson. featuredIf you are contemplating going it alone this tax season, here's an analysis of tax software heavyweights.Here are the tax rates you'll be paying on various kinds of income over the next five years. You can still save on 2007 taxes by making a deductible contribution to an IRA. Consider these funds. Kids make great tax deductions. But qualifying dependents may not be as easy as you think. An increasing number of middle-income taxpayers are finding themselves paying AMT. Here are some tips for reducing the tax. The new rebate scheme isn't simple. Here's how to make the most of it. Does your accountant work for you or the IRS? If the offerings in your employer's plan aren't so great, put your money elsewhere. The super rich used to think their secrets were safe with this tiny tax haven. Now they're thinking twice. More On This Topic
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