By the Numbers 2016

Wow! Another year is gone. This seems to be happening with alarming speed lately.

One of the things that makes the annoyingly surprisingly fast passage of another 365 days a bit more tolerable is the New Year's edition of By the Numbers. This tradition here at the ol' blog is entering its sixth year.

As with the numeric posts of 2011, 2012, 2013, 2014 and 2015, a new figure -- ranging from percentages to dollar amounts to titles of tax legislation to raw numbers and much more -- that has a tax connection (as determined by moi) will be featured.

I try to get the relevant figures up each weekend, but sometimes I'm early and sometimes I'm late.

But whenever a new number goes up, you can find the link to it on this special page. The newest post each week will go at the top of the list.

So hello 2016! Here are your numbers!

10
Some tax penalty amounts increase in 2017 (Dec. 31, 2016)
34
Amazon to collect sales taxes in 2017 from Iowa, Nebraska and Utah online shoppers (Dec. 24, 2016)
6
6 MLB teams must pay $74 million in total luxury taxes (Dec. 17, 2016)
63-36
Tax season 2017 is safe! Federal government is funded through next April 28
(Dec. 10, 2016)
$26,901
Tax Court denies business deduction for Aston Martin (Dec. 3, 2016)
17-19-21-37-44-16
Tennessee Powerball ticket buyer wins $421 million (Nov. 27, 2016)
-34.34 percent
Some U.S. corps doing just fine with current tax code (Nov. 20, 2016)
1,380
Expatriations escalating again. Is it politics or taxes? (Nov. 14, 2016)
237,750
'Trusted' taxpayers to get more ID theft protection (Nov. 6, 2016)
$16,625
Alec Baldwin accused of avoiding New York sales tax on disputed painting purchase (Oct. 30, 2016)
$10 billion & 100,000
IRS collects $10 billion from 100,000 foreign accounts (Oct. 22, 2016)
1.4 percent
Here's a HINT about Donald Trump and other rich taxpayers who pay Uncle Sam nothing (Oct. 16, 2016)
9 million
IRS still waiting on almost 9 million tax returns (Oct. 8, 2016)
23 cents
New Jersey hikes gas tax by 23 cents per gallon (Oct. 1, 2016)
2
2-step authentication system on the way for access to more IRS online services (Sept. 24, 2016)
7,200
IRS to close operations in California, Kentucky & Texas (Sept. 19, 2016)
$10,162
1 GOP candidate down: Mike Pence releases tax returns (Sept. 10, 2016)
38
Christie plans to end New Jersey-Pennsylvania tax pact (Sept. 4, 2016)
$43 million
Oregon collects almost $26 million in marijuana taxes (Aug. 27, 2016)
105.769 percent
IRS wants to more than double some payment plan fees (Aug. 19, 2016)
£14,301,369,864,489.03
British man's 14 trillion pound tax bill highlights steps anyone, anywhere should take upon tax notice receipt (Aug. 15, 2016)
17.8 million
Tax Court awards whistleblower pair $17.8 million (Aug. 6, 2016)
$330.6 million
Remember Powerball players: If you win, you owe taxes (July 30, 2016)
97,100
California victims of massive methane gas leak won't owe federal tax on some recovery payments (July 24, 2016)
6 percent
Digital download tax starts Aug. 1 in Pennsylvania (July 16, 2016)
2
Taxes play role in Mega Millions & NJ jackpot winnings (July 9, 2016)
13
'Taxation without representation is tyranny' & 12 other tax quotes for the Fourth of July (July 2, 2016)
30
June 30 deadline looms for foreign account owners (June 25, 2016)
1.9 million
Tax help for single dads in caring for their kids (June 19, 2016)
5
IRS picks crowdsourced Tax Design Challenge winners (June 10, 2016)
$96,611.23
'Poor' Donald Trump's property tax break, take 2 (June 6, 2016)
8.25 percent
Texans enjoy Memorial Day Energy Star sales tax holiday (May 28, 2016)
$6 million
Trump's veterans' fundraiser apparently coming up short (May 21, 2016)
12
Romney tax return 'hacker' convicted of extortion, fraud (May 14, 2016)
43.5 million
3 tax tips for moms on Mother's Day 2016 (May 8, 2016)
$458 billion
Tax gap hits $458 billion (April 30, 2016)
75 percent
You rang? IRS was better at answering in 2016 (April 24, 2016)
18
18 often overlooked tax deductions and tax credits (April 16, 2016)
$28.2 million
SoFla rappers sentenced for roles in tax fraud (April 10, 2016)
1
Still waiting for more Bernie Sanders tax returns, too (April 3, 2016)
35 cents
IRS' 35-cent solution and other tax-filing numbers (March 26, 2016)
17
The IRS' official tax guide: Publication 17 (March 18, 2016)
$718
Filing deadline for 2012 taxes -- and almost $1 billion in unclaimed tax refunds -- is April 18 (March 13, 2016)
$25,000
IRS Commissioner Koskinen gets public service award (March 5, 2016)
25 million
Facing first-time tax filing fears (Feb. 27, 2016)
9
9 states considering gasoline tax hikes (Feb. 22, 2016)
6 percent
Maryland shoppers get an Energy Star tax holiday this combined Valentine's Day and Presidents Day weekend (Feb. 13, 2016)
8,800
TaxSlayer data breach is the 3rd tax software-related security issue so far this filing season (Feb. 6, 2016)
Feb. 1
W-2, 1099 forms delivery deadline is here (Jan. 31, 2016)
89 percent
Taxpayers want up-front pricing from paid tax preparers (Jan. 24, 2016)
$25
Finding a charity to volunteer with on MLK Day 2016 (Jan. 18, 2016)
$900 million $1.3 billion
5 tax tips for lottery winners (Jan. 9, 2016)
2
2 sets of twins born just minutes, but tax years, apart (Jan. 2, 2016)

Happy tax counting!

Filing Season Tax Tips

$1.5 billion awaiting late 2016 return filers — If you didn't file a tax year 2016 return in 2017, you've got until July 15, 2020, to do so. Miss that deadline and the U.S. Treasury gets to keep your money. Plus, take a look at the number of 3-year-old unfiled returns and median refund amounts available in your state in this accompanying state-by-state breakout. (July 2, 2020)
Did you miss a tax tip posted above? No worries. They are, or eventually will be, collected in the 2020 Filing Season Tax Tips pages. That's usually January through mid-April, but this year is definitely unusual. The coronavirus' spread has pushed Tax Day 2020 from April 15 to July 15. So the ol' blog has adjusted, too, with extended Tax Tip pages for each of this year's six-and-a-half months that we now will focus on our 1040s: January, February, March, April, May, June and — tah-dah! — July. Then, after a very brief break to catch our post-filing deadline breath, the Weekly Tax Tips, like these from 2019, will return.

COVID-19 & Taxes

Coronavirus has wreaked havoc
with the 2020 tax season.
This Coronavirus (COVID-19) & Taxes page has details.

All About Kay

OK, some about Kay

Kay Bell — Native Texan (the blog title totally makes sense now, right?). Professional journalist. Tax geek.

My Other Accounts

Tick ... Tick ... Tick

Tax Year 2020 Countdown
Happy New Tax Year! Are you ready to file your 2019 tax return? Me neither. But this year we're getting some extra time to file and pay any tax we owe, until July 15. This later date, however, is for a terrible reason. The coronavirus pandemic hit the United States hard in March, dramatically disrupting lives. Our normal tax routine is among the many things that have changed for all of us.
The monthly tips and reminders a little further down this column should help you focus on your taxes and make the filing of them by mid-summer go more smoothly. Also keep an eye on the countdown clock just below. It will help you keep track of the arrival of the new July 15, 2020, Tax Day.
Note: I'm in the Central Time Zone, so adjust accordingly for where you live.

Time for Tax Tasks

July 1: In a normal year, most of us would be celebrating the end of school years, planning summer vacations and generally loving life. As has been long noted, both here on the ol' blog and elsewhere, this is not a normal year and especially not when it comes to taxes.

In fact, this July is the new April. Due to COVID-19 disruptions and precautions, Tax Day 2020 was moved to July 15. With that due date on the fast-approaching horizon, let's get cracking!

July 3 & 4: Happy 244th Birthday, America!

This is one of the problems with moving Tax Day to July. It immediately gets interrupted by celebrating the United States' creation. That birth was spurred in part by taxes, so take a break and celebrate. Since July 4 this year falls on Saturday, Friday, July 3 also is an official federal holiday. So we get two days of partying, safely, of course, both when it comes to fireworks and coronavirus social distancing.

July 6: Welcome back to the real and tax world. With the sparklers and bottle rockets done, it's time to focus on July 15. Not only is the due date for your 2019 tax return, there are other tax tasks to take care of by this mid-July deadline. These added tax moves include filing an old tax return, making 2020 estimated tax payments, contributing to retirement and medical saving accounts, dealing with tax notices and taking care of your state taxes.

July 8: As you finish up (or start) your 2019 tax return, this checklist can help you ensure you have all the documents you need to file your Form 1040 and its now just three (instead of six) schedules.

July 10: Most restaurants across the country closed earlier this year due to COVID-19. Some opened, then reclosed as the virus resurged. And many eateries simply stuck with take-out meals and deliveries. Whether you're able to dine in or still getting food brought to your house, remember to tip your server or delivery person.

If a tip isn't included in your food delivery charge, click the image above to calculate how much to tip the person who brought it to you.

As for servers who now are back on the job, remember that your tips are taxable income. If you worked at least some of June at a job where you got gratuities, you need to account for them today if they came to at least $20 last month. Use Form 4070 to report your tips today to your employer.

July 13: Still working on or finishing up your 2019 tax return? Check out the filing pieces of advice in the ol blog's monthly tax tips pages, one each for January, February, March, April, May, June and, finally, July.

July 15: Finally, Tax Day 2020 is here.

.
You've got until midnight tonight (your local time) to electronically file your 1040. The IRS can help you do that and save money with Free File, the IRS/tax software industry partnership that offers eligible taxpayers access to online tax preparation programs and federal return e-filing at no cost.

This year 10 software companies are participating at IRS.gov's Free File webpage. It's available for taxpayers with adjusted gross income of $69,000 or less regardless of filing status. If you make too much to use the online software, look into using Free File's fillable forms.

And if you just can't finish your 1040, send the IRS instead Form 4868 to get until Oct. 15 to file your return. Remember, though your must pay any due tax with your extension request.

July 20: Whew! Now that filing is done (except for us procrastinators on extension) and you've had a few days to get settled, it's time to take care of your tax records. You need to hang onto some filing paperwork just in case the IRS has follow-up questions.

July 24: When you filed your taxes, either this month or earlier in the year, did you get or are you now expecting a big refund? Or did the other tax possibility happen and you ended up owing Uncle Sam a lot more than you expected? Then it's time for a paycheck checkup and possibly adjust your payroll withholding.

July 28: An immediate review of your 2020 filing experience might have made it clear that you need personal help you’re your taxes. Start your search for a tax professional who will work with you year round to make your tax obligations less, well, taxing.

July 31: The 2020 Atlantic/Gulf of Mexico hurricane season got off to a quick start, but we made it through June without a major 'cane making U.S. landfall. Still, there's no reason to get complacent.

Uncle Sam's official forecasters at the National Oceanic and Atmospheric Administration (NOAA) expect 2020 to bring as many as 19 named storms, with six to eight possibly becoming hurricanes. Three to six could reach major status, which is category 3, 4 or 5 with winds of 111 mph or higher. Regardless of the count, it only takes one to wreak havoc. The countdown clock below can help you keep track of how many more days you have to worry about tracking any size or type of tropical storms.

You also might want to check out the ol' blog's special Storm Warnings.
These multi-page collections of posts offer tax advice on preparing for, recovering from and helping those who sustain damages from the many ways that that weather goes wild.

Small Business Tax Calendar: Important filing, deposit and record keeping dates throughout the year that your company needs to know. You can get more tax calendar information at the IRS' online calendar page and view the full year's important business and individual tax dates in IRS Pub. 509.

State Tax Help

Don't forget your state taxes!
Forty-three states and D.C. collect personal income taxes. But even if you live in of the seven states without an income levy, you still face other state (and local) taxes.

State Tax Departments provides links to your state's Web page. The companion page, Tax Tidbits, is the compilation of blurbs about each state's tax laws. And for more state tax news, check out all our state tax bloggings.

Tax Forms

Thanks to our increased use of tax preparers and computer software, many of us don't see our tax forms until we sign and file them. But knowing what's on these documents, either in paper or digital form, and why the IRS wants it is key to understanding our tax system. And knowledge definitely is power, especially when it comes to tax savings. Find this valuable information in the ol' blog's special Tax Form Tuesday page.

Mapping Your Tax Route

Do you get lost doing your taxes? Check out the Taxpayer Advocate Service's Taxpayer Roadmap.

This publication, designed along the lines of a subway map, shows the many routes and detours of a taxpayer's journey through our elaborate Internal Revenue Code and the Internal Revenue Service's enforcement of our tax collection system.

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Taxes are all about the numbers.
Check out these (mostly) weekly
By the Numbers figures.

Kudos Et Cetera

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for Women in Communications
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2012, 2014 & 2017
Plutus Financial Bloggers Awards
Celebrating the Best
in Personal Finance
Winner, Best Tax Blog
2011 & 2013

I gotta tell ya ...

AKA Disclaimer:
I am a professional journalist who has been covering tax issues since 1999.
I am not a professional tax preparer.
The content on Don't Mess With Taxes is my personal opinion based on my study and understanding of tax laws, policies and regulations. It is provided for your private, noncommercial, educational and informational purposes only. It is not a recommendation of any specific tax action(s) you should or should not take. Similarly, mentions of products or services are not endorsements. In other words, my ramblings on the ol' blog are free advice and you know what they say about getting what you pay for. That's why when it comes to filing your taxes, I urge you to get additional, professional, paid-for guidance from an accountant, Enrolled Agent or other qualified tax preparer who is familiar with your individual tax circumstances.

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