Every year, tax season inspires Americans...to gripe, complain, and cross their fingers and pray that they avoid an audit. But rather than focus on the depressing side of your yearly ordeal, why not consider the more enjoyable things that taxes have inspired -- namely, a long list of films. Whether a hapless civil servant, a slick government functionary or a faceless boogeyman who kicks old ladies out of their home, the taxman is usually good for a laugh, a groan, or a scream of abject terror. And, with the Oscars coming this weekend, there's no better time to take a peek at these taxing classics.
Best Tax-Related Movies
Taxing Cinema: The IRS Goes to Hollywood
Admittedly, Brian DePalma's tale of the Chicago underworld is historically inaccurate, melodramatic and filled with some of Robert DeNiro's most egregious scenery chewing. But David Mamet's script gets a few things right, namely that Al Capone's bootlegging empire wasn't brought down by bullets or business rivals, but rather by his failure to file his tax returns.
Oscar note: it was nominated for four Oscars and brought home one -- Sean Connery won for best supporting actor.
Moral of the Story: Don't bring a knife to a gun fight. And don't bring a gun to a forensic accountant fight.
In this 2006 film, an IRS accountant played by Will Farrell hears a disembodied voice narrating his life. Upon further investigation, he realizes that the mystery speaker is actually a suicidal writer who has created him as a character in her latest book. Unfortunately, he is slated to die in the last chapter.
Moral of the Story: IRS agents are real people, too ... or are they?
Harry Johnson (Edward Herrmann) is a mild-mannered mailman until the IRS takes on his favorite aunt. When she dies of a heart attack in court, Harry declares war on the government -- and uses her extensive military surplus collection to quickly escalate his attacks.
Moral of the Story: When fighting the IRS, it helps to bring a tank.
Sure, it's tough when your king's in jail, his brother is scheming to take over the country, and another noble stooge is arresting the locals for poaching, but the straw that breaks the camel's back is the onerous taxes that Prince John decides to levy on the country. No wonder that Robin Hood and his merry band are popular with the locals!
Oscar note: Nominated for four Oscars, it won three -- for best art direction, film editing and original score.
Moral of the Story: Tax increases + skilled archers = Occupy Sherwood Forest
In between cringeworthy scenes of public humiliation, betrayal and flailing romance, this 2010 film offers an interesting look at the misfits who run the IRS. On the one side, hapless Barry Speck (Steve Carrell) crafts elaborate dioramas with mice; on the other, his arrogant boss Thurman Murch (Zach Galifianakis) attempts to use mind control on his employees and randomly threatens to audit his enemies.
Moral of the Story: On the dark side, if you underpay on your taxes, you'll have to pay interest. On the bright side, the IRS won't spank you.
In Cameron Crowe's classic, the path to teenaged love is filled with obstacles. But with the help of a boombox, a Peter Gabriel song and an IRS investigation that gets Ione Skye's disapproving father out of the way, John Cusack's Lloyd Dobler manages to get the girl.
Moral of the Story: If you want to keep your daughter away from deadbeats, be sure to pay your taxes -- and stay out of jail.
The Charlestown Chiefs hockey team are on their way out, until a scheming manager and a trio of childlike hockey thugs transform the team. But even after they raise attendance and inspire fans, the owner still decides to fold the team, rather than sell it. The reason? She can take a hefty tax write off for a failed business.
Moral of the Story: "Old Time Hockey" is no match for newfangled accounting.
A silversmith's apprentice who joins the American Revolution, Johnny Tremain falls in love, learns to shoot, listens to great patriots, and dumps tea into Boston Harbor. Along the way, the film gives a very Disney look at the birth of America.
Moral of the Story: Boston was a pretty boring place until taxation without representation riled up the locals!
When a hefty pile of unpaid back taxes threatens the orphanage where they grew up, Jake and Elwood Blues hatch a scheme to raise money, reunite their friends, and create beautiful music.
Moral of the Story: There's nothing like the threat of the taxman to get the band back together.
If you paid a daycare center, babysitter, summer camp, or other care provider to care for a qualifying child under age 13 or a disabled dependent of any age, you may qualify for a tax credit of up to 35 percent of qualifying expenses of $3,000 for one child or dependent, or up to $6,000 for two or more children or dependents.
Many people take up hobbies, like jewelry-making or photography, just for the love of it and don't expect to make money from their efforts. Most hobbies require some out-of-pocket costs. The good news is that the IRS lets you deduct a portion of your hobby expenses on your tax return. But you'll need to show that you're running a bona fide business to be eligible for more generous business tax breaks.