tag:blogger.com,1999:blog-7545210782126483136.post6709400829647478544..comments2024-01-24T05:13:06.164-08:00Comments on Not Your Usual Suspects: The Tax Man ComethSusanhttp://www.blogger.com/profile/11286314155783213006noreply@blogger.comBlogger15125tag:blogger.com,1999:blog-7545210782126483136.post-47945401058234509802014-04-12T09:16:23.873-07:002014-04-12T09:16:23.873-07:00Helena, I was thinking the same thing. I think the...Helena, I was thinking the same thing. I think there probably is a correlation. Josh Lanyonhttps://www.blogger.com/profile/11944091956589831656noreply@blogger.comtag:blogger.com,1999:blog-7545210782126483136.post-51199957290964524542014-04-12T09:15:44.859-07:002014-04-12T09:15:44.859-07:00Jean, that was my old method -- the envelope and t...Jean, that was my old method -- the envelope and the email. But I realized I lose track of a lot of expenditures that way! Josh Lanyonhttps://www.blogger.com/profile/11944091956589831656noreply@blogger.comtag:blogger.com,1999:blog-7545210782126483136.post-83011976670643222422014-04-12T09:13:54.015-07:002014-04-12T09:13:54.015-07:00Rita, more and more I try and stick to paying with...Rita, more and more I try and stick to paying with credit cards. It does simplify everything. And it reduces the danger of paying for personal things with business money.Josh Lanyonhttps://www.blogger.com/profile/11944091956589831656noreply@blogger.comtag:blogger.com,1999:blog-7545210782126483136.post-58389881266949971702014-04-12T09:12:32.942-07:002014-04-12T09:12:32.942-07:00Toni, I hear you. I try to think of these things a...Toni, I hear you. I try to think of these things as investment in my career. So much money goes out the door on things that don't earn much yet. Or maybe ever.<br /><br />But you do have to invest in your career.<br /><br />As for taxes... I do believe in all the things taxes pay for -- roads, schools, the military, etc. <br /><br />Which doesn't change the fact that tax time is so PAINFUL. Josh Lanyonhttps://www.blogger.com/profile/11944091956589831656noreply@blogger.comtag:blogger.com,1999:blog-7545210782126483136.post-28218213313264617772014-04-12T09:06:33.315-07:002014-04-12T09:06:33.315-07:00Well, after a year of sabbatical, my earnings BETT...Well, after a year of sabbatical, my earnings BETTER be going up! :-D Or I would take that as a message from the cosmos.Josh Lanyonhttps://www.blogger.com/profile/11944091956589831656noreply@blogger.comtag:blogger.com,1999:blog-7545210782126483136.post-78857497644428874672014-04-12T02:24:52.659-07:002014-04-12T02:24:52.659-07:00I'm not surprised you've been getting migr...I'm not surprised you've been getting migraines lately. Hope they disappear with the end of the tax year.Helenahttps://www.blogger.com/profile/01553503435833467369noreply@blogger.comtag:blogger.com,1999:blog-7545210782126483136.post-87251919587836733672014-04-11T16:29:19.533-07:002014-04-11T16:29:19.533-07:00In that post above--should be accountant, not acco...In that post above--should be accountant, not account. To err is stupid.jean harringtonhttps://www.blogger.com/profile/04925805990806522316noreply@blogger.comtag:blogger.com,1999:blog-7545210782126483136.post-87996923573272843902014-04-11T16:28:06.379-07:002014-04-11T16:28:06.379-07:00Interesting theories on the way to go, tax-wise. ...Interesting theories on the way to go, tax-wise. My method, I throw all receipts into a king-sized envelope and dig through it in January. Separate computer expenses, office supplies, professional dues, postage, social/business meetings, mileage, spa--no erase that--and that's about it. Don't like the way my account looks at me when he tallies up the expenses versus income, but I ignore that. Write on! jean harringtonhttps://www.blogger.com/profile/04925805990806522316noreply@blogger.comtag:blogger.com,1999:blog-7545210782126483136.post-50987202943580008922014-04-11T11:39:47.152-07:002014-04-11T11:39:47.152-07:00I HATE doing taxes. That was hubs big deal. I pay ...I HATE doing taxes. That was hubs big deal. I pay everything with a credit card. Not only have receipts but the card record. And… I get miles with my card. I make an effort to add stuff up every couple months so it doesn’t do me in at tax time. Thanks for the links. Ritahttps://www.blogger.com/profile/09054306874904898496noreply@blogger.comtag:blogger.com,1999:blog-7545210782126483136.post-35437230532627530582014-04-11T11:26:29.645-07:002014-04-11T11:26:29.645-07:00If you can find anything on Canadian taxes, I'...If you can find anything on Canadian taxes, I'd appreciate it :) I got an accountant last year (and a new on this year!!). I put money aside and spreadsheet my expenses and earnings every month. I spent well over a decade with my writing costing more than it was bringing in--not even counting the fact I could be earning a living wage in the real world. No one wants to pay taxes but is sure as heck beats the alternative :) Keep selling those books, Josh :)Toni Andersonhttps://www.blogger.com/profile/08348843511453338339noreply@blogger.comtag:blogger.com,1999:blog-7545210782126483136.post-83619449220553466782014-04-11T11:06:21.160-07:002014-04-11T11:06:21.160-07:00Yeah, well, earnings that keep going up... That IS...Yeah, well, earnings that keep going up... That IS a tough position to be in! :)Susanhttps://www.blogger.com/profile/15705603797740188813noreply@blogger.comtag:blogger.com,1999:blog-7545210782126483136.post-26133513344791460472014-04-11T10:43:58.640-07:002014-04-11T10:43:58.640-07:00Hey there, Susan. I do pay those quarterly estimat...Hey there, Susan. I do pay those quarterly estimates, yes. But my earnings keep going up, and this year I got hit for an additional 17K! Ouch. Having already paid...well, a lot. :-D <br /><br />Since so much of my earnings now come from self-publishing, I incorporated at the end of last year, so we'll see how that works. So far it's been horrendously expensive. Josh Lanyonhttps://www.blogger.com/profile/11944091956589831656noreply@blogger.comtag:blogger.com,1999:blog-7545210782126483136.post-83155287001945124462014-04-11T09:58:58.820-07:002014-04-11T09:58:58.820-07:00Hi Josh,
Although I get a salary, I also have oth...Hi Josh,<br /><br />Although I get a salary, I also have other income and have to pay quarterly estimated taxes each year. I was struck by your comment about using your credit cards to pay your year-end taxes. As an author, I am assuming you pay quarterly estimated taxes too. Perhaps an increase per quarter would soften the final payment when April rolls around.<br /><br />And yes, my accountant just finished and filed my returns. :)Susanhttps://www.blogger.com/profile/15705603797740188813noreply@blogger.comtag:blogger.com,1999:blog-7545210782126483136.post-88932299755435883382014-04-11T09:28:21.445-07:002014-04-11T09:28:21.445-07:00Keeping track is the way to go. I have to say, I r...Keeping track is the way to go. I have to say, I really, really hate tax time. But at least keeping track saves SOME of the panic.Josh Lanyonhttps://www.blogger.com/profile/11944091956589831656noreply@blogger.comtag:blogger.com,1999:blog-7545210782126483136.post-3923209990150996662014-04-11T09:09:45.998-07:002014-04-11T09:09:45.998-07:00The topic everyone dreads but needs to hear. :) Th...The topic everyone dreads but needs to hear. :) Thanks for the links, Josh. My tax person sends me a worksheet for my business items, so I've started using that as a guideline. Other than that, I throw receipts into a file until I have to deal with them. LOL But at least I'm keeping track now!Anne Marie Beckerhttps://www.blogger.com/profile/17603878676306179018noreply@blogger.com