Saving for retirement is key to enjoying truly golden years. The Trump administration has officially launched a new savings option, dubbed the Trump IRA, for workers who don’t have a workplace retirement plan.
If you’re a U.S. citizen, it doesn’t matter where in the world you earn your money. The IRS gets some of it. But it also offers tax breaks, like added housing allowances for expensive overseas locales.
When you owe taxes but can’t pay your bill in full, the Internal Revenue Service offers a variety of debt settlement options. Now, the agency has a new online Tax Debt Help tool to help you determine which of its payment options works best for you.
You’ve filed your taxes. Now it’s time to take care of your tax records. Here’s a look at what tax documents to keep and for how long.
The annual April 15 federal tax return filing deadline doesn’t apply to all U.S. taxpayers. Tax Day is June 15 for taxpayers living and working abroad, including military personnel posted outside the United States or Puerto Rico. Residents of major natural disaster areas also get more time to file, and in some cases pay what they owe.
It’s crunch day for millions of taxpayers. In addition to finishing their current tax return, many have other April 15 tax tasks to complete. It all adds up in dollars and time.
If you’ve put off your tax filing until the very last minute, don’t panic. You still have (a little) time to finish. But get to work on that return or filing extension request. Now!
If you owe taxes, paying Uncle Sam electronically is a fast and easy way to go. Most who e-pay the Internal Revenue Service do so via credit or debit card. But there are other electronic ways to pay your tax bill. Here are six options.
As Tax Day nears, scammers are in high gear. Crooks are using fake tax-related email, texts, and phone calls to try to steal your tax and financial data. Don’t fall for any of it!
Owe the IRS, but don’t have the money? A payment plan could be the answer. The Internal Revenue Service offers a variety of ways to pay your tax bill over time.
The annual Tax Day filing deadline is fast approaching. You can get more time to file by requesting an extension. Just be sure to pay what you owe. Here’s how to do both.
The key April 15 tasks are filing your return and paying any due tax. But there are some other tax responsibilities that must meet the Tax Day deadline.
Some taxpayers intentionally push the filing envelope. Others simply make claims that have long caught the IRS’ eye. Here are 11 instances that could be red flags for a tax auditor.
The longest-ever government shutdown mainly affected Department of Homeland Security agencies, including airport security check staff. As it appears to finally be winding down, Tax Day for affected federal workers is pushed from April 15 to May 15.
April brings not only spring showers for thirsty flowers, but also several tax tasks. Here are six April tax moves to consider.
It’s April, the month that’s the traditional home of Tax Day. But in addition to the annual filing of tax returns, there are plenty more tax-related tasks to take care of this month.
Celebrating a birthday is fun. It also can mean tax tasks for older partiers who must take a required minimum distribution, or RMD, from a tax-deferred retirement account. One of those deadlines is April 1.
April is here, and Tax Day 2024 finally is once again on April 15. April is here, bringing us showers, spring-like weather, and the annual Tax Day. This year, the due date for our tax returns finally is, for most of us, April 15. It was postponed in 2023 and 2022 because of calendar/holiday convergences. Before that, the COVID-19 pandemic wreaked havoc with myriad tax due dates. Now, things have cleared up, except in New England. Maine and Massachusetts officially celebrate Patriots’ Day, which commemorates the Revolutionary War battles of Lexington and Concord. That state holiday on the third Monday in April falls…
April
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.
November 4, 2026
Thanks to Nov. 3 midterm election wins Democrats will control both the House and Senate…
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.)