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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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Cool tax quotes

  • 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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      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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    « Bastille Day lessons | Main | This week's drive around the auto blog »

    Saturday, July 15, 2006

    It's a grocery store gas, gas, gas

    Not to be too crass, but we all know that certain foods can cause gastric distress. Well, my local grocery chain wants to give customers free gas.

    Let me clarify: free gasoline.

    Fuelbuckslogo_small_1 San Antonio-based H.E. Butt Grocery Co. has launched Fuel Buck$, a program that gives customers $5 to use toward gasoline for every $25 purchase of select HEB and its Central Market-branded products. The vouchers can be redeemed at any HEB gas station.

    There are a couple of restrictions.

    Although goods with the Central Market label qualify, you only get the gasoline rebate if you buy them in a regular HEB, not one of the grocer's upscale stores.

    Also, only specific items qualify. If you have an HEB near you, you can check out this gasoline-eligible grocery list before you head to the store. When you are wandering the aisles, you also should find signage and special product tags touting the program.

    And the $25 must be spent in a single shopping trip. You can't buy eligible brands totaling $10 on Tuesday and go back and pick up another $15 worth of HEB or Central Market items on Thursday to reach the gas voucher mark.

    The Fuel Buck$ program began July 7 and is scheduled to run through the end of the summer.

    The grocer also is cross-marketing the program. When you redeem Fuel Buck$, you'll receive a coupon for HEB branded items.

    I'm curious to see whether Randalls, another local grocery chain now owned by Safeway and which also has its own gasoline stations and related discount program tied to store purchases, adds more fuel to the refueling fight.

    Sack_of_groceries_foto_2_1 Just remember, though, that while the gas certificates are appealing, if you didn't plan to buy the qualifying products in the first place, then don't spend your money just to get, at current pump prices, less than two gallons of gas. That's the hope of all coupon issuers, that you'll spend money you otherwise wouldn't under the guise of saving money.

    Don't fall for it. Buying items you didn't intend to is not saving you anything. It's costing you. As long as you recognize that and shop carefully, then promotions like Fuel Buck$ might be worthwhile.

    As for me, I just love grocery shopping anyway. Now for the new few weeks it'll be even more fun, a game of sorts, perusing the shelves to see if an HEB or CM brand matches up, and compares favorably price-wise, with items on my weekly shopping list.

    Hopefully, I'll be able to save a bit, whether I'm paying to fill up the hubby and me or our cars.

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    Comments

    Thanks, JD, for going there in my stead!

    There are just so many opportunities for juvenile humor involving the name of the grocery store and the free product that it is hard to resist.

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    May 2008

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    Tax Calendar

    • tax season 2008

      The first filing deadline has come and gone. But if you got an extension, mark Oct. 15 on your calendar. Until then, stick around. We'll help you finally finish your 1040 and keep an eye on the other tax dates below.

      May 5: ¡Feliz Cinco de Mayo!
      It's time to not only celebrate this Mexican holiday, but to also make some smart post-filing tax moves. Here are five easy ones to consider on this fifth day of the fifth month:
      1) Adjust your withholding.
      2) Contribute to your IRA.
      3) Clean out your closets and give unwanted items to charity.
      4) Rebalance your portfolio.
      5) Set up your 2008 tax record keeping system.

      May 9: The refund and rebate watch is on! When you get your check or checks from the IRS, consider contributing some to your IRA or paying down the credit card that has the highest interest rate.

      May 12: Does your job include tips? If so and you received $20 in tips in April, use Form 4070 to report them today to your employer.

      May 21: As soon as Spring's warm weather arrived, most homeowners began work on their properties. Keep track of your projects because they might boost your home's basis. A larger basis could help reduce any potential tax bill when you sell.

      May 26: If you're on the road as the Memorial Day holiday kicks off Summer, be on the lookout for bargain gasoline. State and local fuel excise taxes can really ramp up pump prices. Maybe it's time to consider a gas and tax saving hybrid.

      May Small Business Tax Calendar: Key filing, deposit and record keeping dates your company needs to know.

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