Lions, lambs, warning Ides and luck all apply to March taxes

March 1, 2015

Are you a tax lion, aggressively hunting down tax breaks? Or are you a tax lamb, cowering before the complicated Internal Revenue Code?

Lion-and-lamb-March

Whatever your March tax persona, this last full month of the tax-filing season offers plenty of time and ways to cut your 2014 tax bill. It's also a good month to make some moves to lower your coming 2015 tax debt.

Business focus: Business filers need to take care, as the start and middle of the month are critical deadlines.

Farmers and fishermen who didn't make their final estimated tax payment on Jan. 15 must file and pay any due tax by Monday, March 2. 

The next business tax deadline comes about two weeks later. But this year, corporate taxpayers get an extra day. Because the normal March 15 filing deadline for corporations is on Sunday, the tax day this year is Monday, March 16.

Beware, be lucky, be warm: Other special March dates also offer some tax ideas.

We're facing yet another Friday the 13th this month, but don't let it scare you. And don't fall for some common tax myths and misperceptions.

And definitely don't depend on lucky charms to cut you tax bill. Instead, check out these 17 ways to save on your taxes. Even better, they're good even beyond St. Patrick's Day.

Then there's the welcome arrival of spring.

The only thing better than warmer weather is a way to reduce your coming 2015 tax bill. That's a definite possibility when you spring cleaning leads to tax-deductible donations.

March_tax_moves_160More March tax moves: These are just a few ways to deal with your 2014 filing and plan for lower 2015 taxes.

More tax tasks are listed in the March Tax Moves over in the ol' blog's right column.

Just scroll down a bit and look for the red lettering under the countdown clock that's keeping track of how long until we reach the April 15 filing deadline.

And whether you're a lion or lamb, take advantage of all of March's 31 days to make money-saving tax moves.

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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 Season 2026 Continues!

We made it. Tax Day 2025 is finally over. For most of us. When the filing season started on Jan. 26, millions who were expecting refunds filed immediately. Most of us got our returns to the Internal Revenue Service by April 15. But plenty of taxpayers also got extensions. They are looking at an Oct. 15 filing deadline.

Those procrastinating filers aren’t a problem. In fact, the IRS appreciates taxpayers who take time to fill out their 1040 forms correctly. It also is grateful that tax submissions are spread out a bit, especially now that the IRS is a leaner agency. Processing returns is easier when they arrive throughout the year instead of in massive bunches.

But enough about Uncle Sam’s tax collection issues. The focus now is on all y’all who filed for extensions, giving you another six months to complete your return. Since your new mid-October due date will be here before you know it, let’s get started now on meeting it.

The ol’ blog is here to help you finish up your extended Form 1040. You can start with January’s tax tips page, which has links to the rest of the year’s tips by-month collections. You also can peruse various tax categories for more tailored advice by clicking on the More Tax Posts drop-down menu at the top of this (and every) page.

And to make sure you don’t miss your new filing deadline, the count-down clock below will let you know just how much time you to file by Oct. 15. At the latest.e. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

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