There's No Summer Break From Taxes

"Make sure you get receipts from the camp," Dupree said.

You will also need to get the name and address of the camp provider and the organization's or business's tax identification number.

Moving this summer because of a change in your job location or for a new job?

If so, don't forget that your moving expenses may be deductible. College graduates, pay close attention.

To qualify for the moving-expense deduction, you must meet a distance and time test, unless you are a member of the armed forces and your move was due to a permanent change of station.

Let's look at the distance test first. Your move will meet the distance test if your new job is least 50 miles farther from your former home than your old job location.

To determine this, the IRS says, first figure the distance between your old home and your new job and then subtract the distance between that residence and your old job. If the result is 50 miles or more, you have met the distance test.

The second test is time. You have to work full time for at least 39 weeks (it doesn't have to be at the same job) in the 12 months right after you move, according to the IRS. If you are self-employed, you must work full time for at least 39 weeks in the first 12 months and for at least 78 weeks in the first 24 months after you move. There are exceptions to the time test, such as a death or a disability.

You can also deduct the expenses of traveling to your new home, including your lodging expenses. You cannot, however, deduct meals.

And don't try to get slick with this deduction. No double-dipping. You cannot deduct moving expenses that were reimbursed by your employer. In fact, some moving expenses reimbursed by your employer may be taxable income.

For more specifics about which moving expenses are deductible refer to IRS Publication 521, "Moving Expenses."

All these tips are just a midyear reminder that you should be mindful year-round of the many things that can help you save on your taxes.