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Tax moves to make in June 2011

June 1, 2011

Summer is here, but there's no vacation from taxes.

Sure, you don't have to worry about 1040 specifics, unless you got an extension and still haven't filed your 2010 return (guilty!). Remember, we tax procrastinators still can rely on the Daily Tax Tips that I published through April 18 to help fill out our forms by Oct. 17.

June_Tax_Moves_160 But we also need to be thinking about our 2011 taxes and what we can do now to make sure we pay as little as possible.

You can find some tax-saving strategies here on the ol' blog. I don't mean just my daily posts, but in the June Tax Moves listed in the left column.

Just scroll down a bit and you'll find such tax suggestions (and links for more information) on hurricane season preparedness, home energy upgrades and an estimated tax filing reminder.

There are even a couple of family-related tax moves, like the one for couples who have June weddings on their calendars, as well as some tax thoughts for folks who will celebrate Father's Day with an aging dad.

As the month goes on, I'll elaborate on some of these tax considerations. But you can get a preview today in the full list of June Tax Moves and then come back periodically to check it out at your leisure through the 30th.

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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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