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Blog Action Day 2010: Water

October 15, 2010

Happy Fourth Annual Blog Action Day.

Oct. 15 is the day that thousands of bloggers worldwide focus on one topic in the hopes of sparking a global discussion and motivating readers to take action.

Blog-Action-Day-2010-Water-238x300 For 2010, we're all blogging about water.

Why water? Across the planet, one in eight of us doesn't have access to clean water.

And too often, those of us who do have plenty of clean water waste this resource.

But some tax laws encourage water conservation.

Several states conduct sales tax holidays that offer savings to buyers of energy-efficient appliances.

Earlier this month, for example, Virginia held a four-day sales tax holiday that exempted from state and local taxes products that received Energy Star and WaterSense approvals.

A WaterSense designation makes it clear that an item helps conserve H2O.

But Energy Star products also can help here, too. A more efficient washing machine, for example, will use less electricity and less water.

The average American family washes almost 400 loads of laundry each year, according to EnergyStar.gov.

But with an Energy Star qualified washer, says the government website, the appliance owner will save enough money in operating costs over the appliance's life to pay for a matching dryer.

As for the water savings, an Energy Star clothes washer also will save enough water over the years to fill three backyard swimming pools.

So consider replacing your old appliances with more efficient ones.

And be on the lookout for ways to save on your taxes at the same time.

That fortuitous convergence is now underway in West Virginia. Shoppers in the Mountain State who buy an Energy Star appliance by Nov. 30 can help reduce both their tax bills and energy and water use.

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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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