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Labor Day weekend fun with college football, racing & taxes

August 30, 2014

What do college football and professional auto racing have in common this Labor Day holiday weekend? Taxes.

But not like you think.

JR Motorsports' #7 vehicle sports a new TaxSlayer Bowl paint scheme for tonight's NASCAR Nationwide series race in Atlanta.

Cross-sports tax sponsorships: The tax preparation software company has sponsored the college football post-season game since 2011. In sports days before corporate sponsorship — some of us are old enough to remember those quaint times — the annual January match-up in Jacksonville, Florida, was known as the Gator Bowl.

The partnership with JR Motorsports is great for TaxSlayer. It advertises the company's involvement with the most popular sport in the United States to a different segment of sports fans.

The promotional potential also is enhanced by the fact that the race team owner is Dale Earnhardt, Jr., NASCAR's most popular driver.

Earnhardt, who also has a full-time job in NASCAR's top racing tier, doesn't climb into the tax-festooned vehicle to race. But just as — ok, more — important to the company are the commercials Junior filmed in a TaxSlayer.com fire suit. They still show up on TV screens across America.

Instead, Earnhardt, hands the wheel of the #7 car over to Regan Smith, who's currently ranked second in the Nationwide series standings.

JR Motorsports shared the TaxSlayer car's new look this week on Twitter.

NASCAR, college football and taxes share 083014

If your favorite college football team isn't taking the field tonight or the game isn't broadcast in your area,

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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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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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