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Happy Thanksgiving 2011

November 24, 2011

Our house smells wonderful. The hubby's pumpkin pie is baking.

I get the oven next to cook the turkey and my grandmother's dressing.

Of course, all this Turkey Day cooking is scheduled around football.

Happy Thanksgiving America!

Turkey by DNY59 via iStock_000016829766XSmall      Photo by DNY59 via iStock

The timer is going off. It's my turn in the kitchen, so I'm taking the rest of today off to cook and then eat.

Here's wishing you and your families a great holiday.

And go Cowboys!

Thanksgiving, food and tax tidbits: If you're not a football fan or your team isn't playing or you need a break from your holiday visitors, here's some reading to help you kill a few minutes this Thanksgiving Day.

Business Insider has collected 10 jaw-dropping stats about our traditional Turkey Day meal.

Virginia has an historic taxes and turkey tradition.

PBS News Hour takes a look at Thanksgivings at the White House.

Mental Floss explains why the Detroit Lions and Dallas Cowboys play Thanksgiving Day games.

Bankrate takes us on a tour of the most expensive Thanksgiving dinner.

The Christian Science Monitor explains why our turkey and trimmings are more expensive this year.

Federation of Tax Administrators data show that in 2011, 14 states collected sales tax on groceries: Alabama, Arkansas, Hawaii, Idaho, Illinois, Kansas, Mississippi, Missouri, Oklahoma, South Dakota, Tennessee, Utah, Virginia and West Virginia.

Most of those states tax food at rates lower than the state sales tax rate. But some states also allow local jurisdictions to add their own taxes on food.

If dinner conversation stalls, now you have some seasonal tidbits to spice it up.

You also might find these items of interest:

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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-SAVVY WAYS 
TO WRAP UP 2026

It’s over! With October’s extended filing deadline behind us, it is now time to focus on year-end moves to reduce your 2026 tax bill. 

You’ll find ways to do just that on the Tax Tips page (see the More Tax Posts drop-down menu at the top of the blog), as well as the separate tax tip pages for each month, notably October through December. If you’re on the Tax Tips page, you’ll find a monthly list at the end of this column. If you’re on another blog page, you can head straight to the October tips; at the bottom of that tips page you’ll find links to all the other 11 months’ collections of tax advice.

Not to spoil what you’ll find in that tax advice, but it does cover such things as tax deductions for charitable donations, investment moves that could reduce tax due, and ways to max out your tax-favored retirement savings. 

Finally, as the year winds down, things get hectic. There are lots of other things to occupy our time, like the much more fun upcoming holidays. But don’t lose sight of taxes, since timing is key. To be of use, most tax moves must be made by the end of the tax year. That’s Thursday, Dec. 31, which also is the last business day of the year. 

So that you don’t miss that final tax year deadline, also keep an eye on the countdown clock below. It will keep you on top of just how much time is left to make important, tax-saving moves. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

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