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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

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    it's 1040 ... Form 1040!


  • Check out the latest
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    and then send
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  • Catch up on prevous
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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 ...

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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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Rocking Around Austin!

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« Personal Fiannce Carnival #71 | Main | Mortgage interest deduction doomed! »

Tuesday, October 24, 2006

A walk on the Wild Basin side

The last few days have produced a decided autumn chill here in Austin, so the hubby and I took advantage of the drop in temperatures to explore the area's outdoor offerings.

Wild_basin_logo_3_1For months we've seen the discreet signs for Wild Basin Preserve as we drove along Loop 360, west of the city in Travis County. In a state known for excess, these markers are so unobtrusive that you almost think they're trying to keep anyone from finding the place.

Luckily, despite the obscure signage, we did locate the exit and discovered a lovely 227-acre enclave that made us forget how close we were to houses, shopping centers and highways.

Although we've been in a drought for months, Bee Creek manages to maintain a small but steady flow through the preserve. We choose the aptly (and obviously) named Creek Trail so we could cross the water a couple of times. No fancy bridges or boardwalks here; just well-placed rocks and a rope rail at one crossover to guide you to the other side. It's not a move I'd recommend after a hard rain.

At the end of the trail we were treated to a lovely view of pool fed by a small waterfall. The gurgling water, clear air and chirping of winged residents bouncing around the adjacent trees was a perfect resting place before we started the uphill trek back.

Bird listening: We got a later-than-planned start (that seems to happen a lot ...), so we weren't surprised that we didn't encounter many birds. The old saying about the early bird also applies to early birdwatchers: You really do tend to see more when the day is young.

But we did hear the calls of catbirds and mockingbirds and some cardinals chipping.

Black_capped_vireo_3_2A few small birds stayed tantalizing just out of sight behind leaves and branches, avoiding positive identification. We like to think that at least one of the darting creatures was a black capped vireo, one of the endangered species that calls Wild Basin and a few other select Central Texas sites home.

And we're very thankful that a group of forward-thinking folks who moved into the vireo's habitat went to the trouble to set aside at least a little bit of the land for winged neighbors. Thanks to them, one of the preserve's fund raising slogans is true. Such natural beauty is "Yes, in my back yard!"

You can enjoy a brief walk of Wild Basin yourself via this video created by Travis County Parks and Natural Resources office.

A closer encounter: While the birding was a bit sparse, we did get plenty of close looks at butterflies, lots and lots of butterflies. The annual monarch migration to Mexico gets most of the attention, but there are many others on the move.

In just two hours at Wild Basin, we saw around a dozen different kinds, from tiny pale yellow ones that looked like dead leaves when they landed and closed up their wings (great camouflage) to some three inches in diameter sporting vibrant yellow and black markings. This last weekend, in fact, was the annual Texas butterfly festival in Mission, where last year 106 species were spotted.

My closest Wild Basin encounter with a winged critter, though, was, I think, a grasshopper. We had just finished our hike and as I stepped up onto the visitors center porch, something flew smack into my face, landing briefly at the corner of my mouth.

Grasshopper2_2_1 I simultaneously swatted and let out a strangled yelp -- for once I was afraid to open my mouth wide, lest the creature moved that direction -- and it took off. Neither the hubby nor I got a good look as it flew into the scrubby woods, but based on its size, a flash of green and the "scratchy" feel of multiple appendages when it hit my face, we're pretty sure it was a grasshopper.

Ah nature! Sometimes more surprising than you really want.

Preserving preserves: Wild Basin Preserve is a 501(c)(3) organization. Contributions to such groups, regardless of whether they are designed to benefit environmental, educational or cultural programs, are tax deductible.

As the year winds down, charitable donations are one of the ways you reduce your upcoming tax bill. To count against your 2006 taxes, make sure you give by Dec. 31. A credit card charge by that date counts, even though you won't get the bill until January.

Reputable groups have no problem supplying information and documentation on their operations and tax status. You also can check out registered charities via the IRS' search engine (Publication 78) or independent companies such as GuideStar and Charity Navigator.

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