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Tax moves to make in March 2011

March 1, 2011

Welcome to March. It's the month that brings us spring and gets us to the doorstep of our annual federal tax filing.

March_tax_moves_160 That's right, we're just about six weeks away from the April 18 IRS deadline. But the 31 days of March leave us plenty of time to make tax moves.

It's time to gather up all your documents so your filing will be as easy — and as accurate — as possible.

Take a look at your tax form to see what tax breaks are available to you this year. Did you make some energy improvements to your home in 2010? Maybe you donated cash or household goods to a local charity. You'll need that information to finish your 1040.

Those are just a couple of the 2010 tax issues you need to think about now, not on April 17. So take a few minutes to check out the full list of March Tax Moves over there in the ol' blog's left column.

Just scroll down a bit and look for the red lettering under the tax filing deadline countdown clock.

The list of tax moves also includes some ideas to consider that could save you money on your 2011 tax bill.

And the Daily Tax Tip offers even more tax saving and tax planning ideas. It's up there in the upper right corner of the page through April 18.

If you happen to miss a tip, no worries. You can find them collected on special blog pages, one for each month's tips. We're just getting started with March's tips, but you can check out all of January's and February tips.

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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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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.)

Credits/Deductions
Disasters
Family
Filing and Paying Taxes
Politics/Laws
Refunds
State Taxes
Tax Brackets/Inflation
Tax Tips
Comments
  • John Collado
    16 years ago Reply

    Hi
    I recently settled my credit debt for 25 cents on the dollar and wrote a book on how others can do the same.
    I like to know if any of you have settled your tax debts for less than the amount owed and how you did it. I think that this information would be very valuable to visitors on my website, which is http://www.johnceesfreedom.com.
    Thanks!

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