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Taxes 2007 For Dummies

Cover of Taxes 2007 For Dummies

Taxes 2007 For Dummies

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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

  • 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.

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

  • 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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About the Author-
  • Eric Tyson, MBA, is a bestselling author, syndicated columnist, and lecturer. He works with and teaches people from myriad income levels and backgrounds, so he knows the financial and tax questions and concerns of real folks.

    After toiling away for too many years as a management consultant to behemoth financialservice firms, Eric decided to take his knowledge of the industry and commit himself to making personal financial management accessible to all of us. Despite being handicapped by a joint B.S. in Economics and Biology from Yale and an MBA from Stanford, Eric remains a master at "keeping it simple."

    An accomplished freelance personal-finance writer, Eric is the author of other For Dummies national bestsellers on Personal Finance, Investing, Real Estate Investing, and Home Buying. His work has been critically acclaimed in hundreds of publications and programs including Newsweek, The Los Angeles Times, Chicago Tribune, Kiplinger's Personal Finance Magazine, The Wall Street Journal, and NBC's Today Show, ABC, CNBC, PBS's Nightly Business Report, CNN, FOX-TV, CBS national radio, Bloomberg Business Radio, and Business Radio Network.
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    John Wiley & Sons
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  • Copyright Protection (DRM) required by the Publisher may be applied to this title to limit or prohibit printing or copying. File sharing or redistribution is prohibited. Your rights to access this material expire at the end of the lending period. Please see Important Notice about Copyrighted Materials for terms applicable to this content.

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Taxes 2007 For Dummies
Taxes 2007 For Dummies
Eric Tyson
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