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Brrrr!

December 7, 2005

Here in Austin, we are in the midst of the coldest weather of the season. It’s 27 degrees right now and the WeatherBug icon on my PC keeps chirping with winter weather advisories. Freezing rain and sleet have been falling for hours. As a result, according to the local TV reports, there have been more than 70 accidents on area roadways.

I’m not complaining. I’m a four seasons kind of gal, believing that each time of the year has its own special attributes. My husband, however, just thinks winter stinks (not an exact quote, but you get the idea). Well, he had six years in no-winter Florida where one of the first TV forecasts we heard after arriving is still a joke in our house. The guy referred to the 60-degree overnight temperature as “downright cold.” Heck, I’ve been known to nudge the thermostat almost that low in the middle of summer.

But I will admit that the first really frigid blast is a shock to the system. And I’m hunkered down at home, where we have warm clothing, blankets (hubby’s wrapped in two right now) and a fireplace (yay! haven’t seen one of those since we left Maryland, which also has its share of wintry weather). We even made some hot chocolate after dinner, topped with marshmallows, so all is fine here.

A lot of folks aren’t so lucky, so here’s a tip that could make them — and you — feel better. Consider giving to a program that helps people make their utility payments. Both Austin Energy and Texas Gas here allow you to contribute to energy assistance funds. It’s as easy as adding a few extra dollars to the check amount when you pay your own utility bill and many companies match at least a part of your donation.

These programs are common across the country and generally are administered in an IRS-acceptable way to allow you to deduct your donation if you want. Check with your utility company for details. But the tax considerations really should be secondary as we head into the heart of winter across much of the United States. And there’s no better warmth than that of knowing you’re helping someone else through a hard, and chilly, time.

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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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