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TAP dancing to D.C.

December 10, 2007

A quick note as I finish packing.

Tap_logo
Yep, packing. Not to head to a family Christmas gathering, but rather off on a tax-inspired trip. In few hours I’ll be in Washington, D.C., for the annual meeting of the Taxpayer Advocacy Panel.

This is my second such get-together, and as a veteran, I’m more involved in the program. In fact, I have two presentations — brief ones, thank goodness! — to give.

I’m more jazzed, though, about meeting the new members.

Area 5, the region that includes Texas, has six new panelists, with half of them from the Lone Star State. I’m also looking forward to seeing the TAP buddies I made at last year’s event, as well as catching up with my friends and former colleagues still there in the nation’s capital.

We should have some good discussions, what with a second straight tax-filing season looking like it’s going to be screwed up thanks to legislative delays (blogged here).

Then there’s the potential gossip pertinent tax-related information about IRS (and a major charity that shall, at least in this post, remain nameless)  personnel changes.

I’ll try to update from D.C., but they keep us pretty busy during the day and I also have to squeeze in some paying work in the evenings.

Just in case I run out of time and/or energy, I’ve set up a series of posts on year-end money moves.

But if something noteworthy happens, either at the TAP conference or on Capitol Hill, I’ll make a point of dropping in a post.

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The More Tax Posts tab at the top of this page will take you to, well, more tax posts. You also can search below for a tax topic. 

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TAX-SAVVY WAYS 
TO WRAP UP 2026

It’s over! With October’s extended filing deadline behind us, it is now time to focus on year-end moves to reduce your 2026 tax bill. 

You’ll find ways to do just that on the Tax Tips page (see the More Tax Posts drop-down menu at the top of the blog), as well as the separate tax tip pages for each month, notably October through December. If you’re on the Tax Tips page, you’ll find a monthly list at the end of this column. If you’re on another blog page, you can head straight to the October tips; at the bottom of that tips page you’ll find links to all the other 11 months’ collections of tax advice.

Not to spoil what you’ll find in that tax advice, but it does cover such things as tax deductions for charitable donations, investment moves that could reduce tax due, and ways to max out your tax-favored retirement savings. 

Finally, as the year winds down, things get hectic. There are lots of other things to occupy our time, like the much more fun upcoming holidays. But don’t lose sight of taxes, since timing is key. To be of use, most tax moves must be made by the end of the tax year. That’s Thursday, Dec. 31, which also is the last business day of the year. 

So that you don’t miss that final tax year deadline, also keep an eye on the countdown clock below. It will keep you on top of just how much time is left to make important, tax-saving moves. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

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