The IRS is reducing the extension time from six months to five months on some business returns to correct a timing issue on returns that generate Schedule K-1 and other flow through statements that individuals need to complete there personal returns to "Reduce Tax Burden on America’s Taxpayers".

I just received an email hot off the IRS Newswire related to a topic that we hear about every day now in the news, and on Everywhere Street, in Everywhere, USA – soaring gas prices. The IRS is increasing the standard mileage rate for business, medical and moving miles for July through Dec of 2008.

Americans have been protesting taxes from the beginning of American history. Oddly enough the Boston Tea Party was held because of the removal of a tax, the Tea Tax. What do tea and taxes have to do with the 4th of July Holiday and Fireworks - the pretty thunder in the sky. Read on for my answer!

Fathers are Giants in the eyes of their families. At the gatherings on Father’s Day to honor all of the Giants, undoubtedly, there will be many political discussions, tax discussions, economic discussions, and war related discussions amid the festivities to honor our Fathers.

A Tale of Taxes & Love - Prince Charming The Original Player is a light hearted look at Taxes & Love presented as a fairytale Ebook by Kate Woods with "Is He A Player Checklist" and Not A Harp Don´t Play Me Poem. I invite you to Read, Live and Learn while searching for your Happily Ever After!

So - every day there is someone new in the news telling us that we are now in a recession. Needless to say whether we have validation of that fact or not the rising prices have people scrambling to find creative ways to cut spending to make ends meet. One way that may help is to try bartering.

As Americans we have many rights and duties. Here I usually write about our duties and rights re taxes. Today as I do that I also share pages from An American Holiday Patchwork about Memorial Day about another duty we should all acknowledge - Our Duty To Remember Those Who Loved Us So Well!

Dealing with taxes and other challenges that tax the mind? Try adapting and singing an old song about 99 Bottles of Stuff on the Wall:)

Two famous quotes about taxes are, "In this world nothing can be said to be certain, except death and taxes,” and “Death, taxes, and childbirth! There’s never any convenient time for any of them.” As a taxpayer you should review the Declaration of Taxpayer Rights to help you deal with Taxes.

Depreciation of Assets - Employees Not Included - Depreciation is a tax concept that is often misunderstood by taxpayers. What is it?