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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

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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« Hunting foxes in the hen house | Main | Trading tales at the Carnival of Money Stories »

Monday, March 19, 2007

Tax Carnival #14: Countdown to Tax Day

Scheduling_2_2 The tax deadline is bearing down and lots of bloggers have ideas on how to deal with it. So this, our 14th Carnival of Taxes, is a special Countdown to Tax Day.

Below, in no particular order, we offer for your tax information, entertainment and enlightenment one tax blogging item for each day from now through April 17.

March 19
Bill gets the Tax Carnival rolling with Taxes and the Three Martini Lunch, posted at Ask Uncle Bill. "It's that time of year," notes Bill. Indeed it is. Indeed it is.

March 20
Kirk presents You, me, and the AMT, posted at his self-named blog Kirk Walsh.

March 21
Tracy at FRAUDfiles takes us to Wisconsin, where she reports the governor wants to raise taxes by $1.74 billion. Yep, that's a "b" there.

March 22
FIRE Getters warns us that donating an old car may not be deductible, posted at FIRE Finance.

March 23
Super Saver offers an interesting strategy: Minimize income to maximize tax credits. It's posted at My Wealth Builder.

March 24
Andy at Credit Cave gives us Nine Of The Biggest Tax Frauds On Record. These global scams make it clear that tax con artists are not bound by borders.

March 25
We welcome a new Tax Carnival contributor, The Travelin' Man, who presents Maybe I Can Still Beat the Tax Man? over at Stuff You Oughta Know.

March 26
Steve from DebtBlog explains why the AMT sucks and how you can avoid, not evade, it.

March 27
Rich, who posts at Queercents, asks a couple of ethical questions: If you thought you could cheat on your taxes and get away with it, would you? Would your thinking change if you thought you would likely get caught?

March 28
Maureen presents taxes and Social Security at Empty Nest, saying, "Any government that is willing to tax unemployment benefits will surely not miss out on the opportunity to nail your Social Security check."

March 29
Over at Sox First, Leon tells us it's taxing times for the Big Four's havens, saying, "Do the Big Four help their clients dodge tax by shifting their money into offshore havens? You bet, and they do it big time, according to a new report."

March 30
Silicon Valley Blogger shares her realization that Preparing Our Taxes Will Be A Cinch, Paying Them Won't over at The Digerati Life.

March 31
Jeffrey presents Tax Rap Contest posted at Personal Finance Advice. He warns you there, but here's an advance heads-up: You might want to shoo the kiddies out of the room before this video's language cranks up.

April 1
No joke here. Jay tells us why getting a big tax refund is no cause for celebration. You'll find it at New York Bankruptcy and Consumer Law Blog.

But Here is A Joke! And a special break from tax tears for tax laughter from Mad Kane's Humor Blog, where Madeleine gives us Taxing Times.

April 2
Allison, another regular at the multi-member Queercents blog, discusses preparing your taxes yourself in her Money Mondays column. 

April 3
Kristine over at Tax Tips for eBay Sellers asks and then answers the question, What taxes are you responsible for as an eBay seller?

April 4
FMF of Free Money Finance presents a way to get out of capital gains taxes and rebalance your portfolio.

April 5
Dan, posting over at the China Law Blog, offers an item on China's new unified tax and what it will mean. Seems some things are the same even halfway around the world.

April 6
Laura presents Money Honey, It's Almost Funny, aka a tax time horror story, posted at Dragon Slayer.

April 7
Praveen takes a look at a possible gross receipts tax, a cousin to the sales tax, in Illinois. It's posted at My Simple Trading System.

April 8
Larry at THE SKILLED INVESTOR Blog examines, in two parts, eight personal financial planning factors that tend to favor Roth contributions. You'll find the continuation link to part two at the end of Larry's first post.

April 9
David has some thoughts on how the government wastes your tax dollars over at My Two Dollars. See if your list matches up with his.

April 10
Dan tells us that at least one professional accounting group is not on board with tax strategy patent proposals. It's posted at Tick Marks.

April 11
Students (and parents of) will want to educate themselves via Matthew's tax tips for college students, posted at Getting To Graduation.

April 12
David at The Picket Line offers a new guide he says will help you lower your federal income tax burden, or eliminate it entirely, through adopting a low-income, simple-living lifestyle.

April 13
Paula, another of Queercents posters, tells us of her personal experiences with the two big tax software programs in TaxCut and TurboTax Duke It Out.

April 14
Ben presents Are Girl Scout Cookies Tax-Deductible? It Depends over at Money Smart Life. Uummmm. Cookies.

April 15
Crunch time! William at About: Tax Planning reminds us not to forget these tax deductions.

April 16
Almost there! Taxalicious is not a happy hybrid driver since he discovered the bait-and-switcheroo on the alternative fuel vehicle tax credit. It's posted at, where else, Taxalicious.

April 17
Finally! I live in Texas, which means among other things, the hubby and I don't have to worry about filing a state income tax return. But most Americans aren't so lucky. So if you're still working on your state filings, too, check out this Don't Mess With Taxes item on state e-filing options. Many of you might be able to send in those forms for free.

And speaking of free, I hope some of these items will make your pending tax-filing duties a little more worry free. Remember: Even though the tax clock is ticking down, don't panic! There's still plenty of time, to both get your taxes done and enjoy this 14th Carnival of Taxes. Thanks for reading.

The tents will open again on
April 9 for Tax Carnival #15, the final midway celebration before the 2007 filing deadline. Be sure to send your item for inclusion to our Blog Carnival submission page by Saturday, April 7, by clicking the button above.

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Listed below are links to weblogs that reference Tax Carnival #14: Countdown to Tax Day:

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» Carnival of Taxes Today! from kirkwalsh.com
My article You, Me, and the AMT is up at the Carnival of Taxes today. The Carnival is hosted by the Keeper of the Carnival, Dont Mess with Taxes. Shes presented the Carnival as an article per day through April 15th. Go read todays ... [Read More]

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Comments

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Thanks for including our post. Our gratitude for all the hard work that went into hosting this festival.
Cheers,
FIRE Finance

Thanks for hosting!

Thanks for the inclusion!

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