Opens in a new tab

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:

 

Advertisements
🌟 Search Amazon Business and Money Books 🌟
The text link above is an affiliate ad. If you click through and then buy a product, I receive a commission.

 

Share:

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. 

Latest Posts
confused office worker
8 workplace benefits questions to ask this enrollment season

October 26, 2026

Millions of U.S. workers are now deciding what workplace benefits, some of which also offer…

Read More
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.)

Comments
  • 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.

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

Leave your comment