Money: Uncle Sam's Slice

Now's the time to think about reducing next year's taxes. Here's where to start

The new year has been rung in, and the old year is gone, but one memento of the past 12 months remains: your 2003 tax bill. Statements from your employer and financial institutions (W2s, 1099s) will start landing in your mailbox this month to help you report last year's income to Uncle Sam. It's too late to reduce your tax burden if you owe money for the year that's past, but now is the perfect time to start thinking about ways to reduce taxes for the year that has just begun. Looking ahead, we can see that the 2004 tax season...

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