Planning Ahead for 2007 Taxes

Some people are starting to plan ahead for their 2007 taxes. Can you believe it, I am not even done for 2006! Intrepid tax souls are already digging into the tax law to figure out what their '07 tax bill will be. Take OpticalCarrier, for instance. She (or he) is moving to the Bahamas, and is trying to figure out how much taxes will be paid on her compensation package. Post you tax-saving suggestions in the tax forum.

More information:

• Tax planning basics
• Foreign earned income exclusion
• Foreign tax credit
• Foreign bank accounts
• More budgeting and tax planning ideas