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.
House fans can help, but an operational air conditioner is better. Federal tax breaks used to help pay for some energy efficient residential HVAC systems. Now that Uncle Sam’s tax credits are gone, some states are stepping in to help their residents chill, literally and economically.
A new International Olympic Committee $140 million fund will dispense grants of up to $10,000 to eligible athletes. Added money shouldn’t pose a tax problem for many U.S. Olympians, thanks to a 2016 tax law change.
Some IRS Taxpayer Assistance Centers will be open one final Saturday on June 27. The offices won’t have a flashy “Open” sign, but agents will welcome taxpayers who can’t make weekday meetings.
An Internal Revenue Service watchdog found the agency recently received billions in unidentified payments. Modernized operations will reduce unaccounted-for amounts. Taxpayers can help, too, by taking advantage of various IRS electronic options.
Tropical Storm Arthur as it moved toward the Texas cost on June 17. Its deadly landfall underscores the need to prepare for hurricanes and all natural disasters.
Many young people take food service jobs during the summer. It’s a good way to learn about the working world. Regardless of your age, seasonal income also has tax implications.
June 15 is Tax Day for millions of U.S. taxpayers. Those living and working abroad must file their 1040s. And those who owe estimated tax must make this year’s second payment.
Inflation is a double-edged sword for retirees. Cost-of-living increases will bump up Social Security payments next year. But some could face tax on those bigger benefits.
While some put prediction markets on par with psychic readings, millions disagree, buying contracts on anything, including sports outcomes. A gaming trade group says that’s no more than illegal, unregulated sports betting. And that it costs states needed tax revenue.
Definitely take a break this June. But taxes don’t take vacations. So, you also should make time for some tax tasks. Some will keep you out of tax trouble. Others could mean tax savings.
Hurricane damage is a constant threat to U.S. coastal communities during the annual June 1 through Nov. 30 tropical storm season. But as the storms move inland, landlocked areas also face risks. Get ready before one strikes, or even forms in the Atlantic or Gulf of Mexico.
Ah, June. We’ve been waiting for you! No school. Vacations. Taxes. Yep, taxes. They don’t take any time off any time of the year. But these June tax tips can help, possibly saving you enough to extend your holiday.
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.
The National Hurricane Center’s image of Tropical Storm Andrea. The first named system of the 2025 Atlantic hurricane season formed in the central Atlantic Ocean, meaning it’s not a threat to make landfall. June 1, 2026 note: This post was published almost a year ago with a slightly different headline (Resources to deal with disasters, as 2025 hurricane season gets its first named storm), but its information is still valid. You can read the most recent version of hurricane preparation, both physical and financial/tax moves to make in advance of storms, in Hurricane 2026 preparation and tax tips. And…
Summer’s arrival brings longer days for fun in the sun … and to take care of tax tasks. Ah, June. We’ve been waiting for you! Can you believe summer is almost here? Can you believe school is out? Can you also believe that you need to make tax moves during this traditional vacation time? Well, believe it. Especially that third rhetorical question. You do have some tax moves to make in June. Tax Day. Again: In keeping with the Gemini astrological sign that dominates two-thirds of June, this month means dual tax responsibilities for many taxpayers. June is home to…
Summer’s arrival brings longer days and plenty of tax tasks. Ah, June. We’ve been waiting for you! Can you believe summer is almost here? Can you believe school is out? Can you also believe that you need to make tax moves during this traditional vacation time? Well, believe it. You do. More Tax Days: In keeping with the Gemini astrological sign that dominates two-thirds of June, this month means dual tax responsibilities for many taxpayers. June is home to Tax Day. Really. This time it’s on June 15 and is the filing deadline for U.S. citizens or resident aliens living…
Mother Nature can turn deadly year-round. Tornadoes, hurricanes and even winter storms strike beyond their seasonal boundaries. Prepare beforehand, including by taking a pre-disaster inventory.
Summertime 2020, and the tax living definitely isn’t easy. Hello, June. In any other tax year, this month I’d be trying to convince you to pay at least a little attention to your taxes. If you had requested a filing extension, you’d be blowing me off because you’d have 4½ months to finish up and file last year’s Form 1040. And if you’d finished your filing, you’d be blowing me off because summer! There’s plenty of time to worry about this year’s taxes later this year. I would argue that in both cases, you’d be a bit misguided, offer up…
June
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.)