Tax moves to make in July 2011

July 6, 2011

Have you recovered from the long Fourth of July holiday? Good. It's time to make some tax moves.

First, I must apologize for being slow in reminding all y'all about the regular monthly listing of tax strategies. The three-day weekend — OK, three-and-a-half days since I knocked off early on July 1 — slowed me down a bit.

But there are plenty of hot July days remaining during which you can take advantage of equally hot tax-saving opportunities.

And even though today is July 6, you can't still make the July 1 and July 5 tax moves: adjusting withholding and hiring a tax pro. Heck, those are good tax things to think about year-round.

And they are just a couple of the many July Tax Moves detailed over in the ol' blog's left column. Just scroll down a bit and you'll find many other tax-savings suggestions.

I know what with vacations and the kids out of school and all sorts of fun summer activities calling your name, it's tempting to ignore taxes. But taking a little time now to make a few timely July tax moves could really pay off next filing season.

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Hello Tax Season 2026

Happy New Tax Year! Are you ready to file your 2025 tax return? I know, too early to ask. But Tax Day 2026 will be here before we realize it. The Internal Revenue Service deadline to file and pay any tax we owe is the regular April 15 date this year. It’s also Tax Day for most of the states that collect income taxes from their residents, which is most of the states! If that seems too far away right now, don’t worry. As is the case every tax season, the ol’ blog’s tips and other tax reminders should help all of us meet our state and federal responsibilities. Procrastinators also will want to keep an eye on the countdown clock just below. It tracks how much time we have until April’s Tax Day, just in case we put off our annual tax task until the absolutely final hours and decide we need to instead get an extension request into the IRS by that date. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

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