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Happy 233rd Birthday America!

July 4, 2009

On July 4 1776, 56 citizens representing the 13 British colonies officially gave birth to the United States of America.

By affixing their names to a statement that the King of England was abusing the colonies and violating basic principles of human decency, they declared themselves free from the rule of Great Britain.

Declaration of independence

On this July 4th holiday, take a few minutes to read the eloquent and brave words of our founding fathers.

Yes, one key component of the U.S. fight for freedom was the right to have some say in how we are taxed. That continues to be a battle — political, philosophical and exonomic — we wage today.

But a key difference now is that we do have representation with regard to our taxes. We may not always agree with what our Representatives and Senators are doing with our money, but don't confuse that difference of opinion with no voice in the matter as some modern-day "tea party" demagogues incorrectly assert.

So make your voice heard, on taxation and all issues of critical import to our nation. Tell those in Congress what you want and expect.

And vote! That's why John Hancock and his colleagues singed that momentous piece of parchment 233 years ago.

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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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