Showing posts with label tax. Show all posts
Showing posts with label tax. Show all posts

Monday, February 28, 2011

Many happy returns

Where does the time go?

Seems like only yesterday I was asking my accountant to take enough deductions on my tax returns to walk me right up to the jailhouse door, but not actually take me inside.

Every year I promise myself I'll be better at keeping records, receipts and my story straight when it comes to tax deductions. And every year, I just throw everything in an extremely well organized file, then pull it all together about a week before I go see my tax guy.

I suppose by that measure I'm ahead of the game, since I'm already thinking about it and I'm not having my taxes done until the end of March.

Lots of well-meaning friends (aren't they all?) have told me to use Quicken or Excel to keep track of my expenses. Then when this time of year rears its ugly head, I could just press a key and print out everything all neatly categorized. The problem is to do that would require the discipline of inputting all the information on a daily, weekly or monthly basis.

That's just crazy talk.

Why do that when I can have a perfectly good time procrastinating until the last minute.

It's both a blessing and a curse that because I'm on the creative side in advertising, I can write off a great many things the average taxpayer can't. It just makes record-keeping that much more complex.

And by complex I mean work for me.

It's a good thing this blog doesn't make any money or I'd have to write it off.

Something I think a lot of people are doing already.