The best laid plans

June 10, 2007

grisham_pelicanbriefJohn Grisham, the lawyer-turned-novelist whose books
have provided countless readers hours of diversion, not to mention a
very comfortable lifestyle for the writer, initially wanted to be a tax
lawyer
.

No joke. In today’s New York Times, Grisham’s admission to the University of Virginia senior class was part of a collection of recent commencement speeches.

Recalling his own undergraduate graduation ceremony 30 years ago, Grisham said back then he was "pretty smug: I was graduating from college, I had been accepted to law school and I knew exactly what I was going to do. I was going to study tax law. I wanted to be a tax lawyer because I was convinced I could make a lot of money representing wealthy people who did not want to pay all their taxes."

That was the plan, said Grisham, even though he didn’t like tax law and "sure didn’t know any wealthy people." No problem. He had it all planned.

As for the fictional court cases that have made him a household name, not to mention probably wealthier than the practice of tax law would have, Grisham said the thought of writing never crossed his mind as he got his diploma. "I had never written anything that had not been required by school," he said. "I had never dreamed of it."

Grisham’s final words of wisdom for the new Cavalier grads: You cannot plan the rest of your life.

Gifts for the new grad: If you want to give a recent graduate, college or high school, something other than words to commemorate their accomplishment, I refer you to my 2006 post, Financial gifts for graduates.

Sure, it’s a year later, but money or similar fiscal presents never go out of style. Here are the six suggestions from that previous blog entry:


$
Cash
$$ Gift certificates or prepaid gift card
$$$ Certificate of deposit
$$$$ Savings bonds/other Treasury products 
$$$$$ Educational savings account contribution
$$$$$$ Financial publications

Check out the earlier post for details on each gift-giving option.

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The More Tax Posts tab at the top of this page will take you to, well, more tax posts. You also can search below for a tax topic. 

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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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