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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

Sun Mon Tue Wed Thu Fri Sat
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5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 31  

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.

What are you looking for?

  • 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
    Don't Mess With Taxes.

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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« U.S. World Cup hopes: Going, Going, Ghana | Main | Taking down the tents: Blog Carnival Archive »

Sunday, June 25, 2006

For the record: Poll Archive

Question_marks_2 Want to know what readers were thinking? This is the place.

All Don't Mess With Taxes polls will eventually end up here.

Poll #18: How are you dealing with the stock market meltdown? (question posted 10/10/08; results posted 10/20/08)
    
44% said: I have a regular investment program and I'm sticking with it.
     1
2% said: I'm leaving current holdings alone, but not investing new money.
     24
% said: I'm buying bargains.
       9
% said: I bailed out and put my money into FDIC-insured instruments.
       9
% said: I'm ignoring it, hoping the market will eventually work itself out.
       2% said: I'm taking other approaches.

Poll #17: What's the status of your stimulus tax rebate? (question posted 4/28/08; results posted 5/5/08)
    
74% said: I'm still waiting for it.
      
2% said: I've received it and spent it.
      
7% said: I've received it and added it to my savings and/or investments.
     12
% said: I'm not eligible for a rebate this year.
       5% said: I haven't filed my 2007 taxes yet!

Poll #16: How are you spending April 15? (question posted 4/15/08; results posted 4/18/08)
    
13% said: Pulling my hair out and furiously crunching numbers!
    
51% said: Enjoying the day because I already filed.
    
19% said: Filing for an extension.
       7
% said: Spending the refund I already received.
     10% said: Missing the tax deadline with reckless abandon!

Poll #15: To get to your favorite summer vacation spot, will you be: (question posted 6/7/07; results posted 6/24/07)
    
10% said: Flying
    
38% said: Driving
    
14% said: Combination of air and auto travel
       0
% said: Other (e.g., boat, train, hitchhiking)
     38
% said: What's a vacation?

Poll #14: Have you ever cheated on your taxes? (question posted 3/5/07; results posted 3/16/07)
    
18% said: Yes.
    
45% said: No.
    
16% said: No, but I know someone who has.
     12
% said: Define cheating.
      
9% said: I'm taking the Fifth!

Poll #13: How do you plan to complete your tax return? (question posted 1/6/06; results posted 1/16/07)
    
12% said: Do it myself with pencil, paper and my trusty calculator.
    
58% said: Do it myself using tax software on my computer.
    
25% said: Turn everything over to a paid preparer.
      
0% said: Bug my cousin, the CPA, until he helps me.
      
5% said: Please! I can't think about this right now!

Poll #12: Last year, the IRS received more e-filed 1040s than it got in 1966 from all taxpayers. Of course, paper was the only choice back than. Were you part of the new electronic tax revolution? Will you join it this year? (question posted 12/29/06; results posted 1/6/07)
     33% said: No. I'm pro pencil and paper.
     67% said: Yes. I love the electronic ease.

Poll #11: Congress has yet to renew several popular tax breaks that expired Dec. 31, 2005. Which write-off do you most want revived? (Posted 11/1/06)
     72% said: Itemized deduction for state and local taxes
.
     11% said:
Above-the-line deduction for college tuition and fees.
       7% said:
Tax break for teachers who spend their own money on classroom supplies.
     10
% said: None of them apply to my tax situation.

Poll #10: On Day 6 of the Jack Bauer Power Hour, aka "24," Jack should: (Posted 8/29/06)
       8% said: Get 36 hours to save the world
.
     13% said:
Be elected president, with Chloe as VP.
     45% said:
Learn that Kim is not his child, freeing him from ever having to rescue her again.
     13% said:
Bring a shaman back from China who can resurrect Tony Almeida.
     21% said:
Permanently jam all incoming calls to "American Idol" voting lines.

Poll #9: Does a tax credit make any difference on whether  you'll buy a hybrid vehicle? (Posted 6/27/06)
       5% said: No. I'd buy one even without any tax break.
     17% said: Yes. I'm more likely to purchase one now.
     28% said: No.
I wouldn't buy one anyway.
     28% said: I'd
purchase one anyway, but the tax break is a nice bonus.
     22% said: It'll make me look now, but it's no guarantee I'll buy
.

Poll #8: Will you use all of your vacation time this summer? (Posted 6/22/06)
     39% said: I plan to use every single day I receive.
     27% said: I plan to use fewer than half of my vacation days.
     14% said:
I plan to use more than half of my vacation days.
     16% said: I probably won't use any
vacation time.
       4% said: I've already used up all my
days!

Poll #7: Richard Hatch's 51-month jail sentence for tax evasion was: (Posted 5/16/06)
     29% said: Too harsh.
     23% said: Too light.
     23% said: Appropriate punishment.
     25% said: I don't care as long as he keeps his clothes on!

Poll #6: How did (or will) you spend your tax refund? (Posted 4/18/06)
     23% said: Paid down debt.
     27% said: Added to my savings.
       7% said: Went shopping.
       0% said: Took a vacation.
     43% said: Didn't get a refund.


Poll #5: Are you going to seek a filing extension? (Posted 4/12/06)
     38% said: No way! I've done my taxes.   
       8% said: Probably.
     29% said: You bet! I need all the time I can get. 
     25% said: It won't be easy, but I'll get my taxes done by the 17th.

Poll #4: What's your tax bill this year?
(Posted 4/5/06)
     18% said: I got a little back.
     14% said: I owed Uncle Sam a bit.   
     15% said: I got a big refund!
     30% said: OMG! I owe so, so much!
     23% said: I haven't figured out the damage yet.

Poll #3: How do you file your taxes?
(Posted  3/29/06)
     17% said: Do it myself the old-fashioned pencil and paper way.
     61% said: Do it myself using tax software on my computer.   
     15% said: Turn everything over to a paid preparer.   
       2% said: Bug my cousin, the CPA, until he helps me.   
       5% said: Please! I can't think about this right now!

Poll #2: Have you ever cheated on your taxes?
(Posted 3/22/06)
     27% said: Yes.   
     44% said: No.   
     7% said: No, but I know someone who has.   
     11% said: Define cheating.   
     11% said: I take the Fifth.

Poll #1: Have you done your taxes yet
? (Posted 3/14/06) 
     23% said: Yes, as soon as I got my W-2.   
     28% said: Yes, and I've already spent my refund.   
     18% said: No, but all my filing material is organized.   
     16% said: No, but all my filing material is at my accountant's office.
     15% said: Are you kidding? It's not April 17 yet!

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