Navigating the ever-changing income tax landscape is no easy task. Each year, millions of taxpayers are affected by new IRS regulations, federal court decisions and amendments from congressional tax committees. This year alone, there are many important developments such as the AMT exemption, new parameters on charitable giving, as well as regulations on residential energy improvements. To make informed decisions about income taxes and the changes that impact your return, there s only one guide that won t lead you astray.
J.K. LASSER S YOUR INCOME TAX 2008 is a proven, accessible resource with important strategies, useful recommendations and of course, all the latest tax law changes.
Finding the new deductions and planning opportunities can be daunting but savvy taxpayers know they can rely on J.K. LASSER S YOUR INCOME TAX 2008: For Preparing Your 2007 Tax Return to pinpoint and explain last minute changes they may have missed. Coverage of current tax law changes, both comprehensive and comprehensible is what the Lasser team of experts provides.
J.K. LASSER S series of tax guides have been well received by professionals and consumers because they are authoritative, easy-to-use and concise. Here are some highlights:
- Form 1040 mapped to the section of the guide you need
- Line-by-line explanations and instructions for commonly used forms
- More than 2,500 easy-to-use tax planning tips and strategies
- Quick-reference section highlighting what s new (good or bad) for 2007
- Key tax numbers for 2007 - the most important limits and maximums at a glance
- Special rules and strategies for the self-employed
