Tax moves to make in January 2012

January 1, 2012

HAPPY NEW YEAR!

Oh, sorry. I didn't mean to blast in on you as you're recovering from last night's celebrations.

Let me start over, more softly. Happy New Year.

Are you ready for 2012?

January_tax_moves_160Well, are you at least ready to complete your 2011 tax return that's due this April?

That's OK. Me neither. We've got time. In fact, we've got even more time this year.

Uncle Sam doesn't expect our 1040 forms until Tuesday, April 17. Why the extra days? April 15 is on Sunday and the following Monday is, as it was last year, the Emancipation Day holiday in the District of Columbia. And D.C.'s day off gives us more time to file.

Plus, 2012 is a Leap Year, so there's no excuse for not getting your taxes done by the April deadline this year.

Of course, that old proverb wisely notes that every journey begins with one step. That's particularly true of taxes. So to get going on your 2011 return trip, you need to soon start thinking about things like:

  • Picking the proper tax form to file,
  • Whether to hire a tax pro this year or do your taxes yourself, and
  • Getting ready for the onslaught of 1099s and other tax documents that will be arriving in January.

Those are just a few tax tasks awaiting you in this first month of the New Year. You can find more in in the January Tax Moves listed in the ol' blog's left column.

There's also a fun countdown clock to the tax filing deadline.

Just scroll down a bit and you're set, with plenty to do tax-wise for the rest of this month … as soon as the hangover from ringing in the New Year subsides!

You also might find these items of interest:

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Hello Tax Season 2026

Happy New Tax Year! Are you ready to file your 2025 tax return? I know, too early to ask. But Tax Day 2026 will be here before we realize it. The Internal Revenue Service deadline to file and pay any tax we owe is the regular April 15 date this year. It’s also Tax Day for most of the states that collect income taxes from their residents, which is most of the states! If that seems too far away right now, don’t worry. As is the case every tax season, the ol’ blog’s tips and other tax reminders should help all of us meet our state and federal responsibilities. Procrastinators also will want to keep an eye on the countdown clock just below. It tracks how much time we have until April’s Tax Day, just in case we put off our annual tax task until the absolutely final hours and decide we need to instead get an extension request into the IRS by that date. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

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