Changing Gears

The 1998 tax code has oodles of new provisos that can benefit you--if you figure them out properly

You've just licked the stamp and dropped your 1997 tax return in the mailbox--with return receipt requested. But this is no time to nap. The taxman has given you plenty to think about in '98. Now is the time to tune up your strategy or get ground up next April in the wheels of change.

Most of the provisions in last year's blockbuster tax "relief" act kick in this year, and if you plan well, they can bring bountiful tax savings. The changes are aimed directly at middle-class taxpayers with dependent children, offering a host of new ways to pay for...

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