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  • 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.

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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

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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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Thursday, June 08, 2006

Move over manatees

Eagle_stare_hope_rutledge Life in the Sunshine State apparently agrees with bald eagles. At least state wildlife officials think it does. Wednesday, they removed the national symbol from Florida's list of threatened species.

The state's Fish and Wildlife Conservation Commission also voted to lessen protection of Jimmy Buffett's environmental cause celebre, the manatee. The oddly endearing sea cow has been downgraded from endangered to threatened status.

Florida's three-tiered wildlife protection system (not to be confused with the state's two-tiered property tax regime discussed here and here), includes endangered, threatened and, at the lowest level, special concern classifications.

While it's comforting to see wildlife rebound, I share the fear of many environmental groups that the changes might actually hurt the species' encouraging recoveries. This is a particularly valid concern in the case of the manatee.

Manatee_and_calf_headon_takako_uno_2 These creatures don't venture to our Texas shoreline (the farthest west they've been spotted is the Alabama coast), although when we lived in Maryland, one showed up in 1995 in the Chesapeake Bay.

Dubbed Chessie, he was radio-tagged by researchers and swam past the mid-Atlantic states, through New York City and all the way to Rhode Island, further than any manatee had been known to travel. He went back to Florida for the winter (like all good northeastern residents!) and in 1996 again came up the coastline to Virginia. Chessie's last confirmed mid-Atlantic sighting was in 2001.

Back in the animal's usual home habitat, the Florida Wildlife Service sent its own staff to evaluate manatees before making the protective status changes. They found that while manatee numbers there have risen, the species is still quite vulnerable to man-made and natural threats.

State scientists estimate that currently there are fewer than 2,500 mature manatees in Florida. And last year's 396 manatee deaths was the second-highest mortality rate ever recorded.

Don't expect things to improve much, especially with the state's population growing and developers and recreational boaters pushing hard for fewer restrictions on boat docks and other waterway controls.

Those boats are a major problem for the lumbering manatees, as evidenced by the gashes and scars from boats on the animals' backs. We've seen several of these creatures, both when we visited the state as vacationers and later when we lived there. And not a single animal we saw was unscathed.

While I still don't get the manatee-to-mermaid confusion, I do find them Blue_spring_2_1 quite appealing. Especially the calves we saw on a visit to Blue Spring State Park.

We knew it was a manatee refuge, as a natural spring keeps the water feeding into the St. John's River a year-round constant of 72 degrees, the animals' preferred H2O temperature.

But we didn't realize that we'd be able to walk a path right along the waterway and get such close looks at the animals in their natural habitat. It was a remarkable afternoon.

The Florida status changes won't go into effect until management plans are approved for each species and that could take more than a year. State officials also were quick to point out that bald eagles and manatees are still protected under several federal laws, including the Endangered Species Act.

Given the actions and attempted actions of Congress in environmental areas, that's not much reassurance.

Today's Tax Tip: You can read more about manatees and bald eagles at the Web sites of the Save the Manatee Club and the American Bald Eagle Foundation.

If you contribute to these or other IRS-qualified organizations, be sure to keep track of your donation to claim as a possible charitable tax deduction if you itemize.

And if you file a state income tax return, look to see if the form includes a conservation check-off program. There you can contribute your state refund, or a part of it, or just donate even if you owe, to state wildlife preservation efforts.

Eagle photo © Hope Rutledge
Manatee and calf photo ©
Takako Uno

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Comments

At least with the manatees they will still be listed as threatened - and subject to some protections, and their status can be changed back to endangered if need be. The question is whether the manatees are at a stable and sustainable level. I think that with certain species, like the manatee, there is always going to be a rather small population simply because the species's habitat is itself restricted to relatively small areas. So it is really a question of proper expectations.

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