Did you feel that? That…ghostly pinch?
It's that time again. Tax time. The time of year where we all start worrying whether we should be brave enough to actually claim our home office or we should, for this month alone, pretend that room at the end of the long, shadowy corridor doesn’t exist. Time to start sifting through receipts. What the heck happened to the receipt for the new keyboard? Why did I keep a receipt for Trader Joe’s? Hey, I never heard back from that agent about the Paris thing!
Once upon a time tax time meant refund time. I used to do my taxes early. I couldn’t wait to get that money back! But those days are behind me now and every year my tax bill gets higher and higher and my accountant and I argue more and more. How can forty percent possibly be right? The math HAS to be wrong! How can I owe this tax if this tax is more money than I have?
And so it goes. It always ends the same. Me borrowing against my no-interest-credit- cards to pay my taxes during the lean spring months. This year I have decided to look at paying my taxes as contributing to my favorite charity. My taxes buy a lot of stuff I consider important, so…good. I’m glad about that.
Which doesn’t change the fact that tax season is VERY painful.
But here are a few sites and tips that might help you get through it. My own personal experience? Keep accurate and complete records. Don’t wait until April to start adding stuff up. And last but not least, stay informed about changes to the tax code. (Also -- I hire a professional to do my taxes because this is NOT my strength.)
2 - http://www.writersdigest.com/writing-articles/by-writing-goal/get-published-sell-my-work/tax-advice-for-writers
What about you? Do you have any useful tax tips? Have you formed an LLC or incorporated? Heck, have you filed your taxes yet?