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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.

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
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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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Rocking Around Austin!

Dept. of N-yah, N-yah!

« Money can't buy you ... | Main | Wake up and smell the money »

Sunday, August 20, 2006

Good news for drivers

Gas_can After eight weeks of near-record $$$/gallon for gasoline, AAA Texas reports that Lone Star pump prices finally went down a bit last week. The statewide average as of Aug. 17 dropped 6 cents from the previous week to $2.873 per gallon.

Austin-area gas went down 2.7 cents to $2.864. The cheapest gas in the state was in Corpus Christi, which dropped 10.4 cents last week to $2.749.

In far West Texas, however, news wasn't so good. El Paso set a new all-time record last week and reported the highest average -- $2.936 a gallon -- on the list of 11 major Texas cities (full list here). That rivals the national average per-gallon price of $2.977.

As for the U.S., the price of living in Hawaii includes paying, at least last week, $3.368 a gallon. The islanders are not alone, though. Half of the country, including Washington, D.C., still pays more than $3 a gallon.

Southerners get the best gas deals right now. The cheapest gas last week was in South Carolina, at $2.822 per gallon. After Texas' $2.873 per gallon average come Kentucky and Mississippi at $2.885 a gallon each. You can read the full story on national gas prices here.

You gotta feel for El Pasoans, dealing with the costliest gasoline in Texas on top of -- and probably because of -- the record rainfall that prompted Dubya to declare the county a major disaster area last week. At least now, residents will get some federal funds and special tax treatment to help them rebuild.

Texas_roads_section On the road again: I'm hoping that West Texas dries out and gas prices stay down, because, as I mentioned a earlier this summer, my cousin Kathy and I are taking a road trip down memory lane.

We've finally settled on when we'll depart Austin and when we'll come back. As for the stops in between, well, I'm working on a draft itinerary right now. (I promise, Kath, I'll get it to you tonight!)

I'm also working on what I'm going to do with the blog while we hit the road for about six days. I have the laptop, of course, that I bought when my PC hard drive crashed. But where we're heading is a bit rural, with a couple of the towns without the standard chain motels, so I'm not sure all our lodgings will have Internet connections.

Map note: That chunk of highway pictured above is not necessarily representative of where we're heading. Patience. Details in due time.

The hubby jokes that I'm a blog addict, freaking out at the possibility of not getting a daily posting fix. I'm glad someone is getting a chuckle out of my minor dismay!

If push comes to shove, I suppose I can always take the 800-number AOL route just to get online. But I'm hoping that the place where I spent my formative years isn't totally out of e-touch. I know toward the end of our travels we'll be in a college town, so I should be fine then.

And I've still got a couple of weeks until we go. It was just on my mind -- until the gas price e-mail arrived, I was working on our travel schedule -- so I thought this would be an appropriate time to share.

I'm sure I'll come up with some blogging solution before we head out. Who knows, the hubby may end up taking dictation via phone and then posting for me. I'm sure he'd love that!

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