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Don’t play around with your taxes! Turn to tax tips

January 30, 2016

Looking for a creative way to get your taxes done this year? Here's an idea from xkcd.com.

Taxes_board_game

"Yes, it took a lot of work to make the cards and pieces, but it's worth it. The players are way more thorough than the tax prep people ever were," says the cartoon creator.

I'm a big fan of board games. But I'm not sure I agree with xkcd's creative way to take care of the annual filing duty. I know lots of very thorough tax preparers.

I am, however, all for anything that helps folks get their returns done quickly, correctly and with as little hassle of possible.

That's why here at the ol' blog, you'll find a new tax tip every weekday in the upper right corner of the page.

I'm also offering a weekly round-up. The latest run of 5 tax tips includes:

  1. Standard vs. itemized deductions (Monday, Jan. 25, 2016)
  2. Do you have to file a return? (Tuesday, Jan. 26, 2016)
  3. Picking the proper Form 1040  (Wednesday, Jan. 27, 2016)
  4. 10 common tax filing mistakes (Thursday, Jan. 28, 2016)
  5. Tax documents on the way (Friday, Jan. 29, 2016)

You can find the Daily Tax Tip weekly collection usually at the end of the week. Or on Saturday when I'm recovering from a head cold that set in last Sunday, before the week's tips even were posted.

You also can find all the 2016 filing season tax tips on their own special filing season Don't Mess With Taxes pages, starting with January's list.

And mark your calendar. On Monday, the February tax tips list begins.

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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.)

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