It's Tax Season! Officially, that's what the Internal Revenue Service and associated tax community calls the period from January to the usual April 15 filing deadline.
But as every taxpayer knows, tax season really is every day of every year. That's true in normal times when we're just trying to get things right on our Form 1040s and make moves to cut current and future tax bills.
And it's true in abnormal years. 2020 was a perfect example. The COVID-19 pandemic has sent everything, including taxes, for a big, still spinning loop.
So what used to be known as Daily Tax Tips, then Filing Season Tax Tips, which then were rolled into the post-filing deadline Weekly Tax Tips collection have evolved effective January 2021 into Today's Tax Tip.
This moniker change doesn't mean there will be a new tax tip every day. I can assure you that's not going to happen.
But there will be a new piece of tax advice or information, both for federal and state topics, periodically posted in the upper right corner to which that hand above is pointing. And they're designed to be of use whether you're working on your Form 1040 yourself or turning your annual tax-filing task over to a professional.
One thing that isn't changing is the collection of the tips on special pages. After the tips get time in the upper corner spotlight, they'll be archived on their own monthly tax tip pages.
Again, though, rather than dividing them into pre- and post-filing tips, they'll simply be gathered on monthly pages. Yep, 12 of them: January, February, March, April, May, June, July, August, September, October, November and December.
Finally, if you're a complete tax geek — or really, really bored — you can peruse prior tax year tips at the ol' blog's Year-Round Tax & Money Tips page.