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What would Willie do?

February 17, 2007

Better known here in Austin as a song inspired by local hero Willie Nelson's myriad travails, tax and otherwise, "What Would Willie Do?" also was the theme of this H&R Block ad a couple of years ago.

Thanks to taxalicious for alerting us to this classic. Like Willie, it still holds up quite nicely.

Willie's world: I highly recommend Willie's latest album, the Grammy-nominated You Don't Know Me: The Songs of Cindy Walker. Not only are the songs and Willie's delivery of them great, it's a perfect example of Willie's musical magnanimity. A major reason for recording the CD was to ensure that the contributions of a legendary songwriter are not forgotten.

Bruce Robison's ode to Willie and what he would do is included on this compilation CD. You can read the lyrics here.

For some classic Willie in his own words, check out this Q&A published in Time magazine last summer, as well as this April 2003 chat on NPR's Fresh Air. Even better than the radio conversation are the links to several of Willie's songs, including the very fitting "I'm still here."

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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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