Tax mistakes, breaks and post-filing drinks!

April 9, 2016

We're now into the single digit countdown (you are watching the clock in the right column, right?)  to the April 18 tax return (and due tax payment!) deadline.

That means millions of us are starting to get a little frantic. And that can be really, really bad when it comes to taxes.

Grumpy cat tax refund

If we tackle our returns in the same state as this faux Grumpy Cat, we'll make the same costly mistakes he's bragging about to his neighborhood bar buddies.

So take a breath. Put down the Cosmo (or whatever adult beverage you prefer) and cigarette.

Tax tips time: And after you've sobered up, check out last week's Daily Tax Tips, which focused on filing mistakes, overlooked tax breaks, some special tax-saving opportunities, all of which I'm sure the drunk cat screwed up, along with how to stay off the Internal Revenue Service audit radar, which I'm sure the drunk cat is smack in the middle of right now.

Specifically, the tips posted the week of April 4-8 are:

  1. Don't make these filing mistakes or miss these tax breaks (Monday, April 4, 2016)
  2. The many capital gains tax rates (Tuesday, April 5, 2016)
  3. Don't tempt the tax auditor by waving audit red flags (Wednesday, April 6, 2016)
  4. Tax deductions for nonitemizers (Thursday, April 7, 2016)
  5. Educators' deduction now permanent (Friday, April 8, 2016)

More tax tips: As you've no doubt noticed, there actually were seven tips, highlighted over last week's five work days, as we doubled up a couple of days.

If you want even more advice beyond the end-of-week tax tip roundups, you can check out the special monthly blog pages where tips for/from January, February, March and April (all the way through 4/18) are collected.

Then, after your taxes — or your filing extension, with your payment of a good approximation of any tax you owe — are done correctly, you can refill that cocktail glass and toast away!

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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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We made it. Tax Day 2025 is finally over. For most of us. When the filing season started on Jan. 26, millions who were expecting refunds filed immediately. Most of us got our returns to the Internal Revenue Service by April 15. But plenty of taxpayers also got extensions. They are looking at an Oct. 15 filing deadline.

Those procrastinating filers aren’t a problem. In fact, the IRS appreciates taxpayers who take time to fill out their 1040 forms correctly. It also is grateful that tax submissions are spread out a bit, especially now that the IRS is a leaner agency. Processing returns is easier when they arrive throughout the year instead of in massive bunches.

But enough about Uncle Sam’s tax collection issues. The focus now is on all y’all who filed for extensions, giving you another six months to complete your return. Since your new mid-October due date will be here before you know it, let’s get started now on meeting it.

The ol’ blog is here to help you finish up your extended Form 1040. You can start with January’s tax tips page, which has links to the rest of the year’s tips by-month collections. You also can peruse various tax categories for more tailored advice by clicking on the More Tax Posts drop-down menu at the top of this (and every) page.

And to make sure you don’t miss your new filing deadline, the count-down clock below will let you know just how much time you to file by Oct. 15. At the latest.e. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

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