Topics — Tax Year 2007

• Alternative Minimum Tax
• Archer MSA Limits Increased
• Charitable contributions
• Earned Income Credit
• Education savings bonds
• Educator expenses deduction
• Electric and alternative motor vehicles
• Exemption amounts
• Health Savings Account
• Hope and Lifetime Learning Credits
• Itemized deductions
• Original Issue Discount Instruments
• Social security and Medicare taxes
• Split refund option
• Standard deduction
• Standard mileage rates
• Tax-exempt interest reporting
• Tax rate schedules - 2006
• Tuition and fees deduction

Tax Law Changes for Individuals