10 worst tax ideas of 2009

January 3, 2010

Yes, the lists keep a-coming.

This time we've got Tax Vox, the blog of the Tax Policy Center, with its worst tax ideas of 2009.

Health insurance related levies are on list, along with the debacle that is California's financial (mis)management system and Congress' inability to deal with the estate tax.

But Tax Vox also takes issue with a couple of tax laws that have been praised in other quarters: the first-time home buyer credit and the upcoming expanded Roth rollover opportunity.

Check out the full list and let me know what you think. What tax measures should be in the 2009 hall of shame?

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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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