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Death and...

Knee deep in tax forms. Knee deep. Last time I move in the middle of the year.

This will require lots of coffee and some loud music.

ETA: This became much easier when I realised I was doing it wrong.

ETA2: I'm sorry but this 'pro-ration worksheet' is designed to drive a man insane. Plus I don't see the need where the W-2 has all that information clear as day.

Comments

( 6 comments — Leave a comment )
ginalin
Apr. 14th, 2009 11:18 am (UTC)
I've had to file extensions for years since we were self employed. I have yet to have worked for too many contractors that got your 1099s to you in time to have limited corporate taxes done by April 15th.

Fortunately, we made so little money and had so many deductions the last 8 years, I haven't owed anything. Filing extensions is a simple solution if you don't owe.
In fact, I usually get a refund of some sort.

Of course, now we work by the hour so 2009 taxes will be pretty darn simple by comparison.
Corporate taxes had to be done by a CPA...and they're all too busy now to get all of their work done. Another reason I always had to file an extension.

elven_wolf
Apr. 14th, 2009 11:33 am (UTC)
I've decided the moment I start making any kind of self-employed income (i.e. writing), I'm hiring the family accountant. I don't need the headache.
ginalin
Apr. 14th, 2009 12:01 pm (UTC)
Just deciphering the changes in the tax code for the self employed takes someone who does it professionally because they take refresher courses every year.

elven_wolf
Apr. 14th, 2009 12:18 pm (UTC)
I believe it, especially after reading jpsorrow's recent flailings on the issue. And he's been doing this for a while.
ginalin
Apr. 14th, 2009 12:30 pm (UTC)

I wouldn't dare do my own, but it's not even possible with corporate taxes. You have to have them done by a CPA, there's a law to that effect. Seriously.
I used to have a friend do them who works for a tax preparer, but she wasn't a CPA and sent me to one when we incorporated.

I have a cousin who is genius at doing taxes, he always finds all the deducts and does them for other people, business taxes, all of it. He's also mildly schizophrenic, (alleviated quite a bit by meds) and he and I always joke that you probably do have to be crazy to do taxes well.

He's quite brilliant in spite of the schizophrenia...sort of like that "Beautiful Mind" fellow. Very high IQ and mathematically gifted.
But, after reading that jpsorrow post, I can see how insanity and taxes work well together. LOL


elven_wolf
Apr. 14th, 2009 01:18 pm (UTC)
I think whomever came up with the tax code was getting kickbacks from the pharmaceutical industry. LOL
( 6 comments — Leave a comment )

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