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Happy Flag Day 2008

June 14, 2008

On June 14, 1777, the
Continental Congress passed the first Flag Act in order to establish an official flag for our new nation.

Lawmakers back then appreciated succinctness:

"Resolved, That the flag of the United States
be made of thirteen stripes, alternate red and white; that the union be thirteen stars, white in a
blue field, representing a new Constellation."

Flag_eagle_vintage_op_untitled_2
It took a bit longer for the Flag Day holiday to evolve.

It’s believed, according to USFlag.org, to have first originated in 1885. BJ Cigrand, a schoolteacher, arranged for the pupils in the Fredonia, Wisc., Public School, District 6, to observe June 14, at that time the 108th anniversary of the official adoption of The Stars and Stripes, as "Flag Birthday."

Other states and localities followed suit, but the feds were a bit slower to act.

It wasn’t until 1916 that Flag Day was officially established by proclamation by President Woodrow Wilson. Then, 33 years later, President Harry Truman signed an Act of Congress into law designating June 14 of each year as National Flag Day.

Tax-free flags: In many states, the Stars and Stripes is exempted from sales tax.

A few that I know about off the top
of my head include New York, New Jersey, Wisconsin, Florida and
Maryland.

And as you are putting up your sales-tax-free U.S. flag, I recommend listening to one of my favorite American standards, George M. Cohan’s "You’re
a Grand Old Flag," here. You might want to read about the song first and get the lyrics here so you can sing — loudly — along.

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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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