Wednesday, March 12, 2014

TAX TIME


So, whaddaya do when you go in to see your CPA and have your taxes done and you're thinking (dreading) you're really gonna get socked this year and instead he tells you you've got a big (for you, anyway) refund coming?

You want to kiss him, right?  But he has a full beard and a very messy office and a bit of a Monk-like personality (he pointed this out, I didn't) so you just sit there giggling like a lunatic.

Let's face it.  Good news is hard to handle.

So you begin to fret once you've left his office.  Did he figure it right? Can it be true?  Or will the friendly (?) old IRS come back on you months down the line and say, "Oops, sorry, there was a mistake.  YOU actually owe US a zillion dollars."

I suppose if that happens you could always claim insanity.  You could always blame it on your CPA.  Oops, he's left town, no forwarding address.

Nooooo.  We've only used a tax man for the past two years and he's done us well.  Last year we had to pay a bunch of money but that was okay because we earned a bunch.  This year the income went way down and, behold, so did the taxes.

So there's the secret.  Don't make a bunch of money.  Don't pay a bunch of money.

There's something to be said for poverty.

10 comments:

  1. How nice that the government is returning the money they took that wasn't theirs.

    Always a good feeling.

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  2. I had a friend that use to say the one luxury he couldn't afford was doing his own taxes.

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  3. It's always a relief to get them filed and certainly even better when something is coming back your way.

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  4. I would rather have a little more withheld and get it back then paying Uncle at the end of the year..

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  5. It's always a relief when it's done. A full year to recover one way or the other...

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  6. And you must obtain such joy from the act of giving of your substance! :)

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  7. I didn't earn much but STILL had to pay. Maybe I should haven given my tax guy a tip? ;)

    S

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  8. Mrs. C. and I don't make much money and don't pay much in the way of taxes, but we manage because we have no debt.

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  9. Why does our "Uncle Sam" always look so grumpy?

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  10. That good news coming from your CPA is probably one of the most stress-relieving moments you had that time. I can understand why you'd feel giddy at the news of a huge tax return. Haha! Since doing tax could be very stressing, having a CPA do them for you is a relief – let alone having good results. Anyway, thanks for sharing this with us, and have a great day!


    Wanda Hanson @ Tax Tiger

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