12 views of the fiscal cliff negotiations

December 12, 2012

Welcome to 12-12-12, the last repeating-number date of the century.

The repetition of 1s and 2s has prompted a lot of interest, intrigue and for some, celebration.

"Iconic dates have become a wedding trend in the United States, reaching
new heights when over 65,000 couples tied the knot on 7-7-'07," Brian Beitler, chief marketing officer for David's Bridal, told USA Today.

So couples are queuing up worldwide to say "I do" today.

The Concert for Sandy Relief tonight will feature some of the biggest names in the music industry. Thanks to online live streams and social media integrations, the charity concert is expected to reach an unprecedented audience.

You can bet 12s will figure prominently in lottery ticket picks and other gambling options, as some casinos are using today's date in promotions to lure patrons who want to test their luck.

And on 12/11/12 @Jin_Campbell broke the day down further on Twitter:


12-12-12 @Jin_Campbell

Of course, here at the ol' tax blog we'll still be watching to see if 12/12/12 is the day a fiscal cliff resolution is reached.

To help us pass the time, here are 12 reports (OK, 14, but a couple are on the same topic) on fiscal cliff developments.

1. Both sides edging toward deal in deficit-reduction negotiations

2. Reid says time running out and Reid says it will be 'extremely difficult' to reach deal on deficit before Christmas

3. Obama Reduces Tax Demand as Budget Talks Inch Forward

4. Unlikely Backers in a Battle Over Taxes

5. Corporate Taxes on Table in Cliff Talks

6. FBI Readies Furlough Plan if Fiscal Cliff Talks Fail

7. Buffett Joins Soros in Effort to Raise Taxes on Estates and Super wealthy: Tax estates more, please

8. Can Jeb Bush sway the GOP on taxes, debt?

9. As U.S. Approaches Debt Limit, Treasury Readies 'Extraordinary' Measures

10. Small Businesses Might Still Hire If Taxes Are Raised

11. Unemployment Benefits Hang on 'Fiscal Cliff' Deal

12. Taking Fiscal Cliff Best Route To Recovery

Here's hoping that the Republicans and President Obama can soon put an end to this growing list.

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Tax Season 2026 Continues!

We made it. Tax Day 2025 is finally over. For most of us. When the filing season started on Jan. 26, millions who were expecting refunds filed immediately. Most of us got our returns to the Internal Revenue Service by April 15. But plenty of taxpayers also got extensions. They are looking at an Oct. 15 filing deadline.

Those procrastinating filers aren’t a problem. In fact, the IRS appreciates taxpayers who take time to fill out their 1040 forms correctly. It also is grateful that tax submissions are spread out a bit, especially now that the IRS is a leaner agency. Processing returns is easier when they arrive throughout the year instead of in massive bunches.

But enough about Uncle Sam’s tax collection issues. The focus now is on all y’all who filed for extensions, giving you another six months to complete your return. Since your new mid-October due date will be here before you know it, let’s get started now on meeting it.

The ol’ blog is here to help you finish up your extended Form 1040. You can start with January’s tax tips page, which has links to the rest of the year’s tips by-month collections. You also can peruse various tax categories for more tailored advice by clicking on the More Tax Posts drop-down menu at the top of this (and every) page.

And to make sure you don’t miss your new filing deadline, the count-down clock below will let you know just how much time you to file by Oct. 15. At the latest.e. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

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