It’s over! With October’s extended filing deadline behind us, it is now time to focus on year-end moves to reduce our 2026 tax bills.
The ol’ blog will be doing that as we head into the last 75 days and
Getting ready for the year-end tax countdown
Kay Bell Blogs
Latest from Kay Bell
Combined federal law enforcement effort finds $490M in tax fraud
Timing is everything. That’s especially true with taxes and all its deadlines.
It also applies to the Oct. 14 announcement that recent nationwide efforts by the Department of Justice (DoJ), Internal Revenue Service, and IRS Criminal Investigation (IRS-CI) resulted in
Taxable Social Security wage base in 2027 will be $192,300; retirees get 3.6% benefits bump
October is an important month for older Americans.
Medicare enrollment opens tomorrow, Oct. 15.
Today, Oct. 14, Social Security recipients learned that their monthly federal retirement benefits will go up 3.6 percent in 2027. Supplemental Security Income (SSI) payments will
Monday holiday reminder: Donāt miss Oct. 15 extended tax filing deadline
Photo by Leeloo The First
Today is a federal holiday. If you have the day off and have yet to file your extended tax return, use the free time to finish your 1040 that’s due by Oct. 15. And
Tax fraud losses could be as much as $304 billion a year, says GAO
Photo by Vitalii Vodolazskyi/stock.adobe.com/GAO
A new Government Accountability Office report says that tax fraud likely costs the U.S. Treasury anywhere from $116 billion to $304 billion a year. It has some suggestions as to how the Internal Revenue Service
Tax consequences of the $90 Medicare premium rebate
Reconciling expenses is a challenge for many senior citizens. Some on original Medicare are getting a bit of help this week thanks to an unexpected $90 payment from Uncle Sam. (Photo by SHVETS production).
The first $90 payments
Democratic Senators question proposed Form 1040 citizenship question
Photo: Pixabay via Pexels
The Internal Revenue Service’s proposed tax return inquiry about taxpayers’ citizenship and work authorization isn’t sitting well with a group of Capitol Hill Democrats. Eleven minority members of the Senate Finance Committee want the proposed
Become a VITA or TCE volunteer & help others file their taxes for free
We all need a helping hand now and then. Two volunteer tax help programs, VITA and TCE, do that during tax season for those who can’t afford to pay a professional tax preparer. (Photo by Austin Kehmeier on Unsplash)
IRS gives taxpayers in disaster areas extended filing extension deadlines
The aftermath of an Oklahoma tornado. (National Oceanic and Atmospheric Administration photo via Wikipedia Commons)
When major disasters strike, the IRS usually provides affected taxpayers tax relief. That generally includes new, later deadlines. In some cases, that means tax returns
The tax connections of AI, data centers and, yes, celebrities
Google Data Center, The Dalles, Oregon. Photo by Visitor7 – Own work, CC BY-SA 3.0
…U.S. taxpayers know it is nigh impossible to escape taxes. Those of us who are tax geeks (which includes you, right, since you’re reading this)