How can I minimize Income Taxes on my Certificate of Deposits?

I have to hand in my 2008 Federal Income Taxes, can you help me minimize paying Federal Taxes on my Certificate of Deposits.

Public Comments

1. It's too late now to change anything about 2008. There's no way to minimize the tax you owe. When the CD's mature you could consider putting the money in highly rated tax free municipal bonds.
2. Too late now. Interest is taxable income unless the CDs are held in a retirement account.