Tax moves to make in May 2011

May 1, 2011

Tax Day 2011 is over. Did you get your return to the IRS by April 18? Most taxpayers did.

But around 10 million of us filed for an extension. And, yes, I am one of those who now has until Oct. 17 to finish up our 1040 and associated schedules.

May_tax_moves_160 For those of you who are the same procrastinating boat as I, remember that the Daily Tax Tips from January, February, March and April still apply to our pending 2010 returns.

But since we’re now into the fifth month of 2011, it’s time to pay attention to ways to keep this year’s taxes as low as possible.

That’s where the list of May Tax Moves over there in the ol’ blog’s left column comes in. Just scroll down a bit and you’ll find suggested strategies that apply in some cases to pending 2010 filings, as well as to the 2011 tax year.

I’m talking about tax-related home improvement projects, to your residence proper as well as to your landscaping, as well as something to think about tax-wise when you plan your summer travel.

I’ll elaborate on some of these tax considerations as May goes on, but the full list of May Tax Moves will be around this whole month for your tax tip perusing pleasure.

Related posts:

Want to to tell your friends about this blog post? Check out the buttons — Tweet This, Reblog, Like, Digg This and more — at the bottom of this post. Or you can use the Share This icon to spread the word via e-mail and and online avenues. Thanks!

Share:

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. 

Latest Posts
Don’t miss these June 15 tax filing and paying deadlines

June 14, 2026

June 15 is Tax Day for millions of U.S. taxpayers. Those living and working abroad…

Read More
Tax Season 2026 Continues!

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.)

Comments