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With fall semesters looming, August is prime back-to-school sales tax holiday season. Three states wrap up July and welcome August with tax-free events. Another continues its holiday into the coming month. And 12 have new tax-free events throughout August.

Sometimes it takes a whistleblower to bring tax evasion to light. These informants, tax and otherwise, will be celebrated on National Whistleblower Day, July 30. If you know of tax evasion, you can join the whistleblower ranks and possibly be rewarded.

Two men shaking hands over a house model and keys.

Selling your home can net you a nice chunk of non-taxable profit as long as you meet the Internal Revenue Code rules.

Wildfires are among the catastrophes across the United States that have disrupted, or worse, the lives of millions. If you want to help those dealing with a disaster, make sure you give to legitimate organizations and not to scammers looking to cash in on other’s misfortunes.

Fans of Spain’s national team were thrilled with the World Cup final. So were U.S. homeowners whose short-term rentals of their residences during the tournament produced nice and tax-free income.

The quiet-so-far 2026 hurricane season looks to be ramping up a bit. Gulf of Mexico residents need to prepare now for Bertha, which could be strong enough to be named as soon as Monday, July 20.

If you use your vehicle for business, medical, moving, or charitable purposes, you might be able to deduct that driving. And for the last half of 2026, the IRS has hiked the standard tax deduction rates for most of those miles.

The Internal Revenue Service is phasing in a new automatic process to provide penalty relief for taxpayers with a history of filing and paying on time. Eligible taxpayers will no longer need to ask for the relief, meaning potentially millions more filers won’t end up paying extra to Uncle Sam.

Three Texas tax pros are headed to federal prison for filing false federal returns. Investigators say some clients knew of the scheme, but others did not. The case highlights why it’s important to ensure a tax preparer is reputable. Read on for tips on hiring a trustworthy tax pro.

Backpacks, like these at my local H-E-B grocery store, are a necessity for today’s students. They also are tax-free here in Texas if you buy them during the state’s back-to-school tax holiday.

U.S. consumers complain about higher prices, but they still are paying them, largely through increased use of credit cards. Sales taxes add to most products’ final retail costs. Here’s a look at where state and local sales taxes stand in mid-2026.

It’s never too early for children to learn solid money lessons. The new Trump Account, which became available on July 4, now offers them a tax-advantaged way to invest.

Fireworks are the stars each July 4th, but the Stars and Stripes get plenty of attention, too, on Independence Day. Here’s a look at Old Glory’s history, along with some patriotic tax tidbits.

young people at a July 4th party

Saturday, July 4, still is the official day to celebrate the signing of the U.S. Declaration of Independence 250 years ago. But federal (and some other) workers got Friday, July 3, off to mark Independence Day. And sometimes, some official holiday dates do affect our federal taxes.

July obviously means Fourth of July celebrations in the United States. But this summer month is full of other activities, including some tax-related moves you should consider. Here are six suggestions.

July 1, 2026
"Bold metal letterpress blocks spelling 'TAX TIPS' on wooden shelves, symbolizing financial advice and tax preparation guidance."

July is when we celebrate America’s independence from Great Britain. And while taxes were a spark, we’re never totally free of them. But these tax tips can help lower them.

While the IRS appeals a federal court ruling on tax penalties collected during the COVID pandemic, filers who paid them need to go ahead and file for possible tax refunds by July 10.

January 2, 2024

Light up those tax fireworks! The first full month of summer is supposed to be a time to chill, literally if you can spend it somewhere, say a mountain retreat or welcoming beach, getting relief from the season’s increasingly hot temperatures. But July, which already gets off to a fiery start thanks to July 4th celebrations of the United States’ birth, keeps throwing up tax fireworks throughout the month. There are tax holidays, new state tax laws, and potential severe weather explosions, and more. All these events have tax implications, many of which are listed in the July Tax Tasks…

December 25, 2022

Light up those tax fireworks! The first full month of summer is supposed to be a time to chill, literally if you can as relief from the season’s increasingly hot temperatures. But July, which already has an historical start with the July 4th celebration of the United States’ birth, keeps throwing up tax fireworks throughout the month. There are tax holidays, new state tax laws, and potential explosions from Mother Nature as we head into summer’s tropical storm season and its tax implications when landfalls result in major disaster declarations.  You can find more about those tax matters in the…

July is the new April, according to the official 2020 coronavirus tax calendar. July. It’s finally here. That means Tax Day 2020 is just a couple of weeks away. If you’ve been periodically checking the ol’ blog’s special Coronavirus (COVID-19) and Taxes page, you know there’s been a lot of new tax laws enacted to help us cope with the pandemic. And, of course, the Internal Revenue Service gave us three extra months to file our 2019 Form 1040 and pay any tax we discovered we owe. That new July 15 deadline is almost here. That means that a lot of…

July

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 policy possibilities under a coming Democratic Congress

November 4, 2026

Thanks to Nov. 3 midterm election wins Democrats will control both the House and Senate…

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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.)