It’s Almost THAT Time of Year Again – Taxes

Preparing my taxes makes me feel like the Tasmanian Devil!!

I am a little better prepared this year then I was last year—but totally lost track of my individual clients somehow—I do have the total BUT—now will have to wait until they either do or don’t send me a 1099. Unfortunately, with Tax software, you have to list separately and individually those that send you a 1099—what a pain!! At least my expenses are in order----Maybe I will just call them (my clients) and walk them through, on the phone, how to see what they gave me this year—I really have to get my taxes in early this year since I no longer have that 3 day a week job in NJ. I have to file 2 Schedule C forms—one for my Bookkeeping Service and one for Internet related monies.

AND—who knows what the tax structure will be—Congress is playing games again--. Will my taxes be higher or lower—did I withhold enough extra when I was working in NJ to cover my NY tax—what about the tax credit for health insurance—will it still be there—Thank heavens I no longer have any monies in the stock market—that form is now a nightmare. I do have a small 401K – but plan on leaving it right where it is for the foreseeable future anyway.

But most important—will the IRS even have enough time to change the forms if there are any changes so that I and I am sure a lot of others can file their taxes as early as possible in order to get their refunds?

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