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2016’s first tax tip: Filing season starts on Jan. 19

January 4, 2016

Finger_pointing to rightSo how's your first work day of 2016 going? I hate to add to the pile of stuff that you likely had to dig out of today, but I want to remind you that a new tax filing season will start in a few weeks.

And with that day on the horizon, the ol' blog is kicking off its annual Daily Tax Tip feature. The Jan. 19 start of the 2016 filing season is this year's first daily tip.

As in prior years (and as that old-timey pointing finger indicates), the Daily Tax Tip will be posted up there in the upper right corner.

And technically, they will be weekday-only tax tips, since I'm once again taking Saturdays and Sundays off when it comes to tip tidbits. Blame the hubby. He insists on getting at least a little of my time, even during high tax season.

Or you can blame my two other regular weekend features, By the Numbers and Last Week At My Other Tax Blog. Those standing postings keep me plenty busy on Saturdays and Sundays. And even a dedicated tax geek like me needs a break now and then.

If you, however, don't want to take a break on weekends in your search of tax breaks, I salute you. And I suggest that you use the weekends to peruse the special Daily Tax Tips monthly pages where all the tips are/will be collected.

January's page is underway. In addition to the tips list, that page has a bit more about the Daily Tax Tip process. The February, March and April Daily Tax Tips pages will go up as those tips are posted, with links between the pages so you can bounce around among them.

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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.)

Credits/Deductions
Disasters
Family
Filing and Paying Taxes
Politics/Laws
Refunds
State Taxes
Tax Brackets/Inflation
Tax Tips
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