If you get the pepper on your bare hands when cutting and preparing hot peppers like jalapenos or habaneros, soak your hands in milk for a few minutes, it'll take the burn away.

To tame the heat in hot peppers, remove the seeds (which carry a lot of heat). You can also soak the peppers in sugar water for about an hour to put out even more of the fire (especially helpful when making stuffed peppers). Use 2 cups water to 2 tablespoons sugar.