Beating the IRS

A busy time for tax planning

Figuring out their income taxes is a chore that most people keep putting off until the inevitable April 15 deadline finally compels action. But not this year. Taxpayers by the hundreds of thousands are already descending on their financial advisers, accountants and family lawyers for help in taking advantage of the more than $745 billion in various cuts and benefits in the tax package that the President signed into law last August. Says Philip K. Marblestone, of the accounting firm of Coopers & Lybrand in St. Louis: "This is one of the most important years ever...

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