Transportation Feed

Welcome to Part 4 of the ol' blog's 2020 series on tax inflation adjustments. We started on Nov. 6 with a look at next year's income tax brackets and rates. Today we look at changes to tax credit, deduction and income exclusion amounts. Note: The 2020 figures in this post apply to 2020 returns to be filed in 2021. For comparison purposes, you'll also find 2019 amounts to be used in filing 2019 returns due April 15, 2020. The hubby has a chant he breaks into every year when I start working on our annual tax return: "Deduct! Deduct! Deduct!"... Read more →


November is the place for perfectly roasted Thanksgiving bird, not the many tax turkeys that can gobble up your money. These monthly tax moves are a great garnish as you finalize your 2019 tax year menu. Turkey attack from South Park via GIPHY It's November. You know what that means. Year-end tax move time. Oh yeah, and holiday plans. I hear ya. It's that crazy hectic part of the year, whether you're the host/hostess with the most/mostest or planning to travel to your Thanksgiving festivities. But you also need to add taxes to the mix. Now. Before you get all... Read more →


It's that time of year again. Actually, that time was at 2 a.m. today (Sunday, Nov. 3, 2019). That's when most of us said goodbye to Daylight Saving Time and hello to the return of Standard Time. As we deal with the timepiece trickery, a lot of us (me!) suffer a sort of jet lag as our body clocks adjust to the new time and impending earlier arrival of sunsets. But the fall back to Standard Time also is a good reminder that standard is a good thing for millions of taxpayers. A couple of tax standards, the standard deduction... Read more →


Lyft and Uber rides would face a new fee in Seattle to help pay for a public transportation option. (Photo by Daniel X. O'Neil via Flickr Creative Commons) The hubby inherited some gas leases from a distant relative many years ago. It's not quite the same as Texas legend Eddie Chiles' famous urging that "if you don't have an oil well, get one," but the royalties have come in handy. One of the first purchases we made using this money was to buy new bicycles. We got a kick out of fossil fuels paying for a more climate-friendly way to... Read more →


As I was making my usual trip between my mother's and home, I noticed a wide range of prices at gas stations along the way. Heck, I noticed some wide differentials in fueling stops less than a mile apart in my area of Austin. The one consistent factor was that they all were down from earlier this summer. That's not a surprise. Now that the long Labor Day weekend is over, the summer vacation season where most folks still load the family in a car and hit the road is done, too. So what exactly affects the price of gasoline?... Read more →


Filling up photo by Jackson Lavarnway via Flickr CC If you're reading this, you're probably already clock watching. The Fourth of July holiday is less than two days away and, if you've got an accommodating boss, you'll get a nice long weekend. But until then, you're at your desk. When you do finally take off for your July 4th celebrations, you'll likely hit the road. That means you have two concerns. First, how bad will traffic be? Second, what will it cost me to fill up my tank? Spoiler alert, traffic will be crazy. Spoiler alert redux, motorists who live... Read more →


If you're hitting the road for the long Memorial Day holiday, you'll have lots of company. AAA is predicting the strongest kick-off to the summer travel season since 2005, and the second-largest travel volume on record dating back to 2000. Overall, AAA says nearly 43 million Americans will celebrate the unofficial start of summer away from home. For the 37.6 million Americans that AAA says will travel by automobile during some part of the Memorial Day weekend, today, May 24, is not your travel friend. Neither is Friday, May 25. AAA predicts most drivers will experience the greatest amount of... Read more →


That's me in mid-February doing my personal Groundhog Day shadow prediction that warm weather was back to stay. (The full image is on my Instagram page.) I was sooooo wrong. A couple of weeks ago, ecstatic over the return of warm weather and sunshine to Central Texas, I celebrated the arrival of spring. Was I ever wrong. Today is cold, wet — I swear it was sleeting when I ran to my car this morning after yoga class! — and downright dreary. And it's only supposed to get worse, with local meteorologists predicting the latest hard freeze ever for the... Read more →


Close-up of National Geographic United States wall map. Click image to see all 50 states. Most states tend to operate on fiscal years, with July 1 being an effective date for a lot of law change State leaders, however, realize that their residents follow the Gregorian calendar, so they still make Jan. 1 the effective date for major revisions of law. I was surfing the Web on New Year's Day — doesn't everybody?!? — and ran across some interesting state tax law changes that took effective with the arrival of 2019. Below is a look at what I found. New... Read more →


Hello 2019! I'm not sure we're ready for you, particularly when it comes to the major tax code changes under the Tax Cuts and Jobs Act (TCJA). We'll deal with the real-life effects of the new tax laws for the first time when we file our 2018 returns. When that will be is still up in the air and depends on a resolution to the partial government shutdown. But even though Capitol Hill and many of Uncle Sam's offices remain in limbo, we taxpayers need to start now taking an up close and personal look at what the TCJA will... Read more →


"The Persistence of Memory" by Salvador Dalí (Oil on canvas, 1931) © Salvador Dalí, Gala-Salvador Dalí Foundation/Artists Rights Society (ARS), New York. Photograph taken in 2004. (Image from About.com, fair use, via Wikipedia) It's that time of year again, literally. At 2 a.m. today (Sunday, Nov. 4, 2018), most of us said goodbye to Daylight Saving Time and hello to the return of Standard Time. OK, maybe most of us weren't up in the wee hours to actually say goodbye and hello to our clocks. But we're dealing now with the timepiece trickery. A lot of us (me!) will suffer... Read more →


Voters across the United States will vote for Congressional and state candidates that will have a profound effect on their lives for the next several years. But just as important are the fates of 155 statewide ballot measures that voters in 37 states will be asked to decide on Nov. 6. And many of those initiatives are about taxes. With a week to go before the midterm elections, here's a bit of background on ballot measures and a look at some of the notable tax-related issues that many of us will decide. Sin taxes not a sure thing: Since we're... Read more →


An EU sign greets international travelers at a passport control checkpoint at Tegel Airport in Berlin, Germany (Voice of America News photo) Many folks are taking one final quick vacation this long Labor Day weekend to mark the end of summer and beginning of the school year. But some folks who are crossing international borders might find they're not welcome. It has nothing, however, to do with the country they want to visit. It's because of their passports have been revoked because they owe big tax bills. How tax bills hamper travel: Since the December 2015 enactment of the federal... Read more →


Traffic jam. (Photo by Danielle Scott via Flickr CC) If you're on the road today, sorry. AAA is projecting a record-breaking 46.9 million Americans will travel 50 miles or more away from home this Independence Day holiday. That's an increase of more than 5 percent over last year and the highest number since AAA started tracking July 4th travel 18 years ago. And Tuesday, July 3, travel is the worst day to be hitting the highway, at least when it comes to major metropolitan areas. INRIX, a global transportation analytics company, predicts travel times in the most congested cities in... Read more →


Packed and ready to hit the road this Memorial Day weekend! Memorial Day weekend is the unofficial start of summer and apparently we are ready for the lazy, hazy season. AAA says that travel during this long holiday weekend is expected to be at near-record levels. And it actually began on Thursday. More than 41.5 million Americans will travel this Memorial Day weekend, according to AAA. That's nearly 5 percent more than last year and the most in more than a dozen years. You know what that means. Travel delays, especially in urban areas this afternoon where holiday revelers heading... Read more →


California has the highest gas tax in the United States. Opponents are hoping to repeal it via a ballot measure this November. I filled up my mid-sized Chevy sedan's tank this morning, something I do every two weeks or so. I was stunned to see my local gas station, which usually sells gas at the lower end of the prevailing price scale, had regular unleaded going for $2.63 a gallon. That's a more than 50-cent hike from my previous tank top-off in April. It also put the Austin area (or at least my neighborhood) closer than it's been for a... Read more →


Bicyclists' fringe commuting benefits were eliminated under the new tax law. Other commuters also could find their workplace transportation perks slashed, too. Woman on bicycle by Sunny via Flickr CC It's forecast to be, for the third straight day, near 97 degrees this afternoon in the greater Austin area. It's also National Bike to Work Day. That is, shall we say, a pungent combination. Yet another reason I'm glad I work from home! Biking benefits are ending: Despite the hot Texas summers (and springs and falls), the Austin area is bicycle-crazed. Folks two-wheel it all over the place, undeterred by... Read more →


Summer's fast approaching and folks already are making travel plans. Many of us will be heading out on our holidays by air. Recent and impending Congressional action won't have any major effect on our near-term travels. But the Federal Aviation Administration (FAA) bill that's wending its way through Congress could make some changes to air travel later this year and for the next five years. House approves FAA bill: On Friday, April 27, the House approved by a 393-to-13 vote legislation that would extend through Sept. 30, 2023, expenditure authority for the FAA, along with the fuel and passenger ticket... Read more →


Photo courtesy Mike via Flickr CC Even though the federal government is shut down, one thing U.S. travelers heading overseas don't have to worry about is getting a passport. The U.S. Department of State says it will continue to issue the blue-bound international travel documents. It has that option since passport services are funded by fees, meaning they essentially pay for themselves and don't rely solely on funds authorized by Congress. But if you're a world traveler who owes back taxes, you could be stuck here at home. The hold comes not from State, but from the Internal Revenue Service.... Read more →


Many drivers worry about the accessibility of electric vehicle recharging stations. That's not a problem for the owners of these electric cars charging along an Ontario, Canada, street. (Photo courtesy EVObsession.com) President Donald Trump signed an executive order today designed to streamline the approval process for building roads, bridges and other infrastructure. Contractors and the transportation industry say that will help improve the building and repair of the country's roads, bridges and other infrastructure projects. Critics say the Administration's approach could lead to rubber stamping permits without adequate scrutiny, especially when it comes to environmental effects of such construction. One... Read more →