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Once July rolls around, you'll have half a year of income and expense data that will help you better estimate your final year-end totals. Use these numbers to adjust how much money is withheld in taxes each pay period, and try to peg your total withholdings within a few hundred dollars of your anticipated tax responsibility.

Great advice, for which I'll offer a special "Yoo-hoo" to intended 2005 newlyweds. That fabulous New Year's Eve wedding you've dreamed of means, for tax purposes, that you were married for the entire year. Figure out what effect the marriage will have on your taxes now, while there's still something you can do about your prepayments.

Phil
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