03/28/2008 02:45 am ET Updated May 25, 2011

Helpful Ways To Ready Yourself For Tax Time In 2008

Before we ring in the New Year, there are some things we can do NOW that will help us out come tax time. Here's what you need to know.
1. Calculate your AMT potential

Now is the time to calculate whether you'll have to pay the dreaded alternative minimum tax. Each year more Americans are subject to this tax. Know what the triggers are so you can figure out if you'll be on the hook this year.

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