Christmas, and tax time, are here

December 21, 2024
US Capitol ornament wreath_resized

Our Christmas traditions include hanging on our tree all the U.S. Capitol ornaments we collected during our years in the Washington,D.C., area. (Photo by Kay Bell)

Christmas is just days away. As long-time readers of the ol’ blog know, I love this holiday. And like millions of others worldwide, the hubby and I enjoy our holiday traditions.

One of them is watching Christmas movies. A particular favorite is “A Christmas Carol.” It even has a passing reference to taxes.

A classic’s tax reference: In the classic Charles Dickens’ novella and subsequent cinematic representations, the infamous penny pincher Ebenezer Scrooge rebuffs a request to donate to charities that provide for the needy. Instead, Scrooge says the poor should go to the workhouses paid for by his tax dollars.

It’s no spoiler to say that after some supernatural Christmas Eve encounters, Scrooge becomes a changed man.

But the tax remark got me searching for other holiday-related references and levies. An internet search turned up several, but today’s Saturday Shout Out goes, fittingly given the Dickens’ inspiration, to a United Kingdom-based global tax technology firm, Innovate Tax.

Christmas’ long-standing tax connections: In a post for Innovate Tax’s blog, Peter Nicholson writes, “The holiday season is a time of joy, celebration, and, interestingly enough, taxes. Throughout history, various taxes and laws have been associated with Christmas, reflecting the unique ways governments have interacted with this festive period.”

He provides details on some intriguing Christmas-related taxes and regulations in 5 Christmas taxes you never knew existed. Actually, he also examines four other notable tax mentions with Christmas connections.

Here’s a quick preview. They include a tree tax, a couple of debt laws affected by the holiday’s date, and seasonal travel taxes.

Christmas Carol_1984_DVDCheck them out. And if you know of other Christmas/holiday taxes that should be added to the list, please let us know by leaving specifics as a comment.

Now, I’m off to watch some football, and later today, my favorite film version of “A Christmas Carol,” the one with George C. Scott as a booming, intimidating, and ultimately more compassionate Ebenezer Scrooge.

And like the eventually reformed Scrooge, I also will endeavor to keep his promise to “honor Christmas in my heart, and try to keep it all the year.” 

You also might find these items of interest:

 

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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.)

Comments
  • Elmer, great point! Anything with the Muppets rules. Kay

  • Elmer Stoup

    I also think the George C. Scott version is the best. However, for the younger set, the Muppet Christmas Carol is more entertaining yet keeps to the spirit of the Dickensʻ tale.

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