Tax moves to make in May 2011
Sunday, May 01, 2011
Tax Day 2011 is over. Did you get your return to the IRS by April 18? Most taxpayers did.
But around 10 million of us filed for an extension. And, yes, I am one of those who now has until Oct. 17 to finish up our 1040 and associated schedules.
For those of you who are the same procrastinating boat as I, remember that the Daily Tax Tips from January, February, March and April still apply to our pending 2010 returns.
But since we're now into the fifth month of 2011, it's time to pay attention to ways to keep this year's taxes as low as possible.
That's where the list of May Tax Moves over there in the ol' blog's left column comes in. Just scroll down a bit and you'll find suggested strategies that apply in some cases to pending 2010 filings, as well as to the 2011 tax year.
I'm talking about tax-related home improvement projects, to your residence proper as well as to your landscaping, as well as something to think about tax-wise when you plan your summer travel.
I'll elaborate on some of these tax considerations as May goes on, but the full list of May Tax Moves will be around this whole month for your tax tip perusing pleasure.
Related posts:
- Weekly Tax Tips for 2011
- Daily Tax Tips for April 2011
- Daily Tax Tips for March 2011
- Daily Tax Tips for February 2011
- Daily Tax Tips for January 2011
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