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Tech taxes back on the table

May 29, 2007

For all of us who thought that talk of e-mail taxation was a hoax, think again.

Cnet_redball_2In a story posted just as we were heading off for the long holiday weekend, CNET News warned:

The era of tax-free e-mail, Internet shopping and broadband connections could end this fall, if recent proposals in the U.S. Congress prove
successful. State and local governments this week resumed a push to
lobby Congress for far-reaching changes on two different fronts:
gaining the ability to impose sales taxes on Net shopping, and being
able to levy new monthly taxes on DSL and other Internet-service
connections. One senator is even predicting taxes on e-mail.

In addition, the tech watchdog site also noted that a House hearing last week looked into the pros and cons of  letting the temporary ban on Internet access taxes lapse when it expires on Nov. 1.

Not very good news for us Netoholics.

Contact_congress_2_2
If you have an opinion on the topic, you might want to let your your Representative and Senators know exactly what it is. As a former Hill staffer, just let me suggest that reasoned arguments always get more consideration than blatant ranting.

At least one positive tech measure did move on Capitol Hill last week.

Again from CNET reports, the House overwhelmingly approved criminal penalties for anyone implanting certain types of malicious software on computers. The bill, called the Internet Spyware Prevention Act, or I-Spy for short, punishes persons who intentionally causes software "to be copied onto" a computer, and which then damages it or steals personal information, with fines as well as prison time of up to five years.

As someone who lost the use of a laptop because of massive spyware infection, all I’ve got to say is it’s about time!

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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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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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