It's that time again...time to gear up and turn in that IRS tax return!

"Taxation WITH representation ain't so hot either." - Gerald Barzan, humorist No, taxes aren't popular no matter how much money you make. In fact, the Internal Revenue Service is rarely looked upon with anything but pure disdain - unless you are fortunate enough to get back a few fat IRS tax refunds over the years. But, as you will see, even in those cases there's reason to dismay.

If you are exploring ways to save money on taxes or get more back at the end of the taxing cycle, there are a few easy ways to get the system to work in your favor. It may seem like common sense, but first and foremost, it is vital to get started on your returns as early as possible. Many people are unaware that, according to Internal Revenue Service guidelines, a taxpayer can file as early as mid-January, as long as he or she has all the documents needed to file a complete return. If you are one of the millions of Americans expecting federal tax refunds in 2007, this is handy information to know. Although employers have until January 31 to send out W-2s to their employees, many companies also want to get a jump on the paperwork and send out those documents early. A speedy filing means quicker response from the IRS. Tax refunds can then be put to use on early payment of holiday debts, educational expenses in the new semester, investment opportunities that will allow you to earn more interest on your refund over the course of the new year. Timing truly is everything.

No one wants to get caught owing the government money. However, funds you don't have in your personal possession can't earn you any money in interest or be put to use in a retirement or other savings plan either. Experts recommend aiming for no money owned and no money returned. That means more cash flow throughout the year, which you can invest in an interest-earning account, often a pre-tax contribution.