Guide to Tax and Financial Planning, 2007: How the 2006 Tax Law Changes Affect You also serves as a reference for overall financial planning: maximizing tax deductions, planning for retirement, saving for college, minimizing the Alternative Minimum Tax, (AMT) and estate planning.

The Guide to Tax and Financial Planning has been published annually by PricewaterhouseCoopers for the past 10 years.

The new Pension Protection Act of 2006 expanded several tax breaks for company-sponsored retirement plans and individual retirement accounts, adding to the already confusing tax landscape. The 2007 Guide, written by tax professionals at PricewaterhouseCoopers, provides advice and tips on maximizing the recent tax changes and identifies the major areas of the tax law that have been, or will be, changed, including tax rate changes, new deductions and credits, and often overlooked ways to save tax dollars.

The new Pension Protection Act also includes several changes to the tax law related to the donation of appreciated tangible personal property such as art or other collectibles.