In 2012, the federal tax return deadline is Tuesday, April 17 — so if you haven't already filed your income tax return, you have about one week left to shop around for different options to finish your taxes, or request an extension.

The Cow Loophole

Mar 27, 2012
Photo by No oooming! via Flickr

When I think of tax evasion or corporate loopholes, I think paper shredders and mumbling accountants huddled over ledgers – not green pastures and high white fences… and yet, for wealthy landowners looking to avoid the brunt of high property taxes through agricultural credits and breaks, all it takes to save millions is a few stray heifers, or a handful of goats.   Pat Garofalo is economic policy editor at Think Progress, and the author a recent op-ed called

Why The Telephone Pole Tax Matters

Feb 1, 2012

We'll admit it: The telephone pole property tax sounds like a dry topic for the 2012 Legislative session at first glance.

And at second glance, for that matter.

(Photo by Brian J Matis via Flickr Creative Commons)

Over the weekend, the Senate overwhelmingly approved extending the payroll tax cut for two months...but before earners could count their thousand-dollar chickens, house speaker Boehner announced the extension would be DOA at the House, sparking a fierce public debate on a week better known for empty halls on Capitol Hill. But with all the kerfluffle over the payroll tax, there are a number of smaller, targeted tax cuts set to expire this year you probably haven't heard about.