Tax season blues

February 03, 2015 by Eric Linden
Woman exhausted doing taxes

Preparing your taxes will be a piece of cake because you spent some time this summer doing tax planning, right? 

We are kicking off the tax season with this goofy blog post celebrating all that is great (see sarcasm in some online dictionary) with the tax season:


  1. We get to dwell on how much we made (or didn’t make) in 2014;

  2. It’s the one time we can really enjoy the thought of those dud stocks we sold at a loss;

  3. We can hem and haw about what really is a deduction. (No, sir, that tie you purchased for that business meeting that you also wear to weddings is not a deduction.);

  4. We revisit our old college days procrastination techniques as we finalize our tax returns at 11:59 PM on April 15, 2015;

  5. We call our tax professional once a day for three weeks, resulting in them blocking our number;

  6. We wake up screaming in the night, “I didn't toss those receipts - did I?”

  7. We think a 1040 EZ is some sort of fat-reducing exercise gadget.

All kidding aside - we wish you a very happy tax season. We will get through this together!

 

SEARCH

Recent Articles

Man worried about money
Per the collection statute expiration date, the IRS generally has 10 years from the date they assess your tax balance to collect taxes owed.
Pennsylvania Flag on a pile of money
The PA Dept of Revenue expects you to make PA Estimated Tax payments if you make more than $9,500 of taxable income that has not had taxes withheld from it.
toy car next to 3 small houses and stacks of quarters
When you give assets to family members, they are subject to the gift tax exclusion amount, currently $17,000 per year. If your gift exceeds this amount...
Tax Penalty
If you can show that there was “reasonable” cause for the understatement or for failure to file or pay on time, you may be able to get those penalties abated.
This blog does not provide legal, financial, accounting, or tax advice. The content on this blog is “as is” and carries no warranties. TaxAudit does not warrant or guarantee the accuracy, reliability, and completeness of the content of this blog. Content may become out of date as tax laws change. TaxAudit may, but has no obligation to monitor or respond to comments.