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Keep Uncle Sam cranky!

  • It's no wonder Uncle Sam is not very happy here. His vault is empty.
    Don't Mess With Taxes aims to keep him cranky by providing tax and personal finance tips and advice that will put more money in your bank account, not the government treasury.

Great Googly Moogly!

July 2009

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Tax Calendar

  • April 15 has come and gone, but millions now have until Oct. 15 to file their 2008 returns. And millions more have 2009 tax planning to do.
  • There are plenty of year-round tax dates to keep track of, as well as lots of tax-saving moves you can make between Jan. 1 and Dec. 31.
    Find them here each month.


    monthly tax moves
  • July 1: You're halfway through the year. Now's the perfect time to make some midyear tax moves that could cut your 2009 IRS bill. If your life has changed significantly since the beginning of the year, adjust your withholding to more accurately reflect your new life, and tax, situation. Just give your employer a new W-4.

    July 4: Happy Independence Day! Celebrate your independence from future tax hassles. Hire a tax professional now to help get your tax life in shape while there's still plenty of time to plan.

    July 10: Does your job include tips? If so and you received $20 in tips in June, use Form 4070 to report them today to your employer.

    July 17: Are your kids at day camp while you work? You might be able to use that expense to claim the child and dependent care credit to cover some of the costs.

    July 21: It's been summer for month. How's your air conditioner holding up? If you need a new one, make sure it's energy efficient; that way on your 2009 tax return you can claim a tax credit for 30 percent of the cost, up to $1,500. Other energy-saving home improvements also qualify. Get the details at EnergyStar.gov.

    July 31: If you kids are older and working summer jobs, make sure they understand their tax responsibilities. You also can help your youngster get a nest egg head start by helping him or her open a Roth IRA with some of those summer earnings.

    Small Business Tax Calendar -- July: Important filing, deposit and record keeping dates your company needs to know.

Carnival of Taxes

  • Where we party like
    it's 1040 ... Form 1040!


  • Check out the latest
    Carnival of Taxes,
    #55: Tax Fireworks


    Want to be a part of the next one on August 3? Just review the Tax Carnival guidelines
    and then send
    your tax musings, mumblings,
    even music to the
    Tax Carnival submission page
    .
  • Catch up on prevous
    Tax Carnivals in our archives.

Tax Terms

  • Earned income -- It's just like it sounds: Compensation you receive from work, including wages, salaries, commissions, tips and self-employment endeavors. Learn more...
  • Unearned income -- Money that is not gained by work or delivery of a service or product. It's most well-known source is from investments. Learn more...
  • Tax rates/brackets -- The U.S. tax system is a progressive one, in which the greater the earnings, the higher the tax rate. Learn more...
  • See these and other tax terms
    in the perpetually updated
    Tax Glossary.

Cool tax quotes

  • The income tax has made
    more liars out of the American people than golf has.

    -- Will Rogers, humorist
  • I'm proud to pay taxes in the United States; the only thing is,
    I could be just as proud for half the money.
    -- Arthur Godfrey, comedian
  • Intaxication: Euphoria at getting a refund from the IRS, which lasts until you realize it was your money to start with. -- Author unknown, from a Washington Post word contest
  • "Internal Revenue Service: The world's most successful mail order business.” -- Bob Goddard, writer
  • "If you are truly serious about preparing your child for the future, don't teach him to subtract. Teach him to deduct." -- Fran Lebowitz, writer
  • "The United States has a system of taxation by confession." -- Hugo Black, Supreme Court Justice

But wait! There's more!

  • If you'd like to view more than
    the posts shown on this page, Arrow_right click here to go to the Don't Mess With Taxes archives page. There you can browse earlier blog items by the month they were posted or by their category.

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  • Looking for something in particular? If you know the general topic, you can click on it in the "Categories" section that follows. Or you can enter specific keywords in the box below for a Lijit search of
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I gotta tell ya ...

  • AKA Disclaimer:
    The content on Don't Mess With Taxes is my personal opinion based on my study and understanding of tax laws, policies and regulations. It’s provided for your private, noncommercial, educational and informational purposes only. It’s not a recommendation or endorsement of any company or product. I strongly suggest that when it comes to filing your taxes, you get additional, professional, paid-for guidance from your accountant and other financial advisers who are familiar with your individual circumstances. In other words, don't blame me!

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« Hurricane 2006! An early alarm, a timely tax break | Main | Keep pinching those pennies! »

Monday, May 01, 2006

Making your gas money go farther

Gas_gauge_2_1 Since I work from home, I'm spared commuting hassles. No stop-and-go traffic or early morning and late afternoon screaming at other drivers.

Such confrontations, of course, are always done totally within the confines of my Cavalier, with my windows tightly closed. Sometimes they're compartmentalized even more, and take place only within the safety of my own head. No need to tempt potential road ragers.

I'm also spared the cost of filling up my little Chevy's gas tank every week.

I didn't think about it much when it routinely ran under $20. Now, when I do have to top off the tank, the pump's numbers spin faster than a casino slot machine, but I'm the one paying out the $30-plus jackpot to the oil companies.

But for those of you still hitting the road twice a day, five days a week, to get to and from the office, here are some gas -- and money -- saving suggestions.

The Frugal Life offers 35 ways to save on gasoline here. Tips range from deciding not to drive in the first place to mapping out your errands beforehand to shopping around for gasoline.

You can do some of your pump price perusing online. These sites should help you find the best local gas deals: GasPriceWatch.com, GasBuddy.com and Automotive.com.

If you want to register with Lulu.com, you can download this guide with 62 ways to save at the pump.

Then there's this oldie-but-goodie from the popular car site Edmunds.com that looks at how personal driving styles affect auto mileage. The story's bottom line:

"By changing your driving habits you can improve fuel economy up to 37 percent right away (depending on how you drive). Combine several tips and perform routine maintenance and you will save real dollars, not just pennies."

The piece examines several different motoring scenarios, how they affect your car's fuel consumption and what you should or shouldn't do. They include things like driving methods, highway speeds and idling times. Most of it is common sense, but as we all know, when it comes to our cars and driving them, common sense often goes right out the window.

Speaking of windows, my favorite situation in the Edmund's article concerns whether you should turn off your car's air conditioner to save fuel. When I was a kid, that wasn't a consideration. We didn't have an A/C in our car.

That meant our road trips during hot Texas summers, usually from our West Texas home to my cousins' house -- and Six Flags! -- in the Dallas area, were not the most comfortable of excursions. Many times we set out on our vacation after dark.

Traveling at night didn't allow us to enjoy the scenery, but it definitely was a bit cooler. Believe me, stuck in the back seat with your pestering little brother is a tad more tolerable when it's 75 vs. 115 degrees. And if the kids aren't fighting as much, Mom and Dad are having a better time, too!

Big_red_soda Of course, we did eventually have to hit the road during daylight. And we also stopped regularly for gas and refreshments. At home, our refrigerator always held Cokes or Dr Peppers. But on vacation, I got a Big Red from the gas station vending machine. I loved its intense sweetness and the coolness of that heavy glass bottle.

Occasionally, our folks would treat us to ice cream bars from the gas station freezers. These were definitely welcome, but posed more traveling trouble. The minute we got them in the car, they started melting like mad.

I can remember Dad urging us to lean out the open windows so that the sticky melting mess wouldn't stain the car seat. Not too far out, mind you, but enough so that we resembled family pets with our ice cream-lapping tongues in the wind.

One particular summer trip, our car itself succumbed to the heat. Dad stopped at a station to fill the radiator with water while we filled up on soft drinks. It didn't work. A few miles down the road, the car died.

A man in a pickup stopped and somehow (I don't remember if he pushed us or towed us) got our car to his rural home a few miles down the road. While he and Dad worked on the auto, my mother, brother and I sat under a tree, Mom visiting with the Good Samaritan's wife and Ben Allen and I playing with the considerate strangers' kids.

I can't remember where we were going, where our breakdown and rescue occurred or how long we were there. But I do know that if it hadn't been for that random act of kindness, our vacation that summer surely would have been ruined.

Thanks, but no thanks: Most Americans apparently don't believe that members of Congress are proposing $100 gas-tax rebate checks out of the goodness their hearts.

Rather, most people share the same interpretation of the check proposal that I expressed here; i.e., that the rebates are very thinly veiled election-year bribes.

According to the New York Times (you can read the full story here, but you have to register first), several Senatorial aides say their offices are getting swamped with messages from constituents ridiculing the rebate as a paltry and transparent effort to pander to voters before November's elections.

The disdain is bipartisan: "The conservatives think it is socialist bunk, and the liberals think it is conservative trickery," said a spokesman for Sen. John Cornyn, R-Texas.

Another senatorial spokesperson who wished to remain nameless says his state's residents have asked, "Do you think we are prostitutes? Do you think you can buy us?"

Apparently the answer was "yes." I guess those on Capitol Hill now are going to have to rethink their M.O. and do things like, say, their jobs and come up with constructive legislative solutions to the country's problems.

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» What Women (Executives) Want from Stacey's Auto Parts Resources
Sarah Lee Marks, the manager of Corporate Fleet Sales, has had executive ladies as clients. Edmunds.com has come up with a list of vehicles that would gladly fit in the list of cars that executive females could want for them. [Read More]

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