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Tax Carnival #11: The Super Tax Party

Since many of you had or went to a Super Bowl party, we'll going to keep football fever alive a bit longer  with this, the 11th Carnival of Taxes, which I have officially dubbed The Super Tax Party.

Football_cooler_2 I won the coin toss and decided y'all are going to receive. So, without further ado, let's get this tax party started!

Any good party need good food, so that's how our Super Tax Party offerings are arranged. First we have our appetizers.

There's no better kickoff snack than the news from Nina and Allison that we suddenly have more time this year to file our 1040s. Find out why at IRS Extends Filing Deadline to April 17th!!! posted at Queercents.

Even with that extra day, though, you really shouldn't dawdle. So take Jane's advice on how to get a jump on your taxes. You'll find her seven steps over at Career Ramblings.

Your tax appetite whetted? Good. Because now we've got some more substantial tax party sustenance.

Who could resist Nickel's directive, don’t miss these tax deductions, posted at fivecentnickel.

Robert, aka The Wandering Tax Pro, tells up about the most important number on your tax return.

Parents (yes, children are allowed at this party) will definitely want to sample the entrée from NCN at No Credit Needed: do kids pay taxes on interest income?

Next on the party platter is Brian's advice on what to do if you can’t pay Uncle Sam over at Your Money Matters.

A complimentary dish is Sagar's look at reverse exchanges, posted at 1031 Exchange Lowdown.

Wait! You can't be full! The second half is just about to start and the party's still going strong with a nice buffet of side dishes.

Gina tells us why you might want to hire a tax professional over at Gina's Tax Articles.

Thinking you want to do your taxes on your own? Then check out FIRE Finance's tax preparation software reviews and deals, posted at, where else, FIRE Finance.

Another take on that topic comes from Finance Buff, who examines the differences between online and desktop tax software over at, where else (again), at The Finance Buff.

Even with software or personal help, sometimes it helps to do a little homework. Thatedeguy examines The Ernst & Young Tax Guide 2007, posted at A Penny Saved.

If you've got to file state taxes along with your federal return, you'll want to check out Larry's downloadable collection of 2006 and 2007 personal income tax rates for the 50 states and Washington, D.C., posted at The Skilled Investor.

Two-minute warning! Pick up your pennant and drain that last glass of beer. To help you wind down from the gridiron and tax action, we've got a cheering section with some tax comments and commentary.

Matthew explains the FAIR tax over at Getting Green.

Ben at Money Smart Life tells us why the state sales tax simplification project is a terrible idea.

David at The Picket Line reports on a survey that found that four out of five respondents said the IRS is no worse at customer service than your typical government bureaucracy. Hmmm. Sure sounds like a classic case of damning with faint praise.

R Waldhoff points us to a report at Britannica Blog that a good number of federal workers are simply ignoring their personal tax duties.

And, just as the game-ending whistle blows, Dan at Tick Marks pushes across the goal line with "Gypsies, Tramps and [Tax] Thieves? A Federal Judge in Oregon Says No."

Wow! The party's over so soon? Don't worry. We'll do it again in a couple of weeks, Feb. 19 to be precise. You can submit a blog article to that upcoming 12th Carnival of Taxes by using our official submission form. Guidelines for posts can be found here, and past Tax Carnivals are collected in our archives page.

Inflatable football beverage cooler image courtesy of and available from Super Bowl Fun.

Comments

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Kay

The prez's health care deduction hasn't passed yet and likely won't in its original form. Its part of the administration's fiscal 2008 budget plan (discussed here http://dontmesswithtaxes.typepad.com/dont_mess_with_taxes/2007/02/budget_battle_p.html and here http://dontmesswithtaxes.typepad.com/dont_mess_with_taxes/2007/02/read_all_about_.html.

other comments on the medical deduction proposal can be found here http://dontmesswithtaxes.typepad.com/dont_mess_with_taxes/2007/01/dubyas_health_i.html and http://dontmesswithtaxes.typepad.com/dont_mess_with_taxes/2007/01/some_sou_folo.html

Wenchypoo

Question: does anybody have details on the "health insurance" deduction that Bush proposed recently? I saw the story on CNN Money about how to figure your deduction, but haven't seen or heard anything since (http://tinyurl.com/24ldbl). Did it pass? Did it even go up for debate?

I love it when money falls into my lap, and was trying to keep tabs on this issue.

Jane

Thanks for the link. It was a great experience submitting to your carnival.

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