Monday, April 14, 2008

tax time

I’m one of those last minute people. Actually…I am worse than that. The fact of the matter is that not only am I sending off all my paperwork to my tax person today for thisyear, I am also sending LAST years. That’s right, the taxes that were due 366 days ago. And to be quite honest, I didn’t really need to mail them today seeing as how I’ve already filed for an extension anyway, but I needed to force myself to just get them done. That’s what happened last year…I filed for an extension just so I could have the opportunity to not stress and not have to worry about them, and then I let six months go by and refused to let the memory of them back into my consciousness. I vaguely remember thinking to myself, “shoot, I need to take care of those taxes”, some time around October, but I was busy getting ready to move and things were being put in boxes, and I simply COULD NOT BE BOTHERED. This behavior is really quite unlike me. I am an organized, structured person and I stay on top of things quite well. But taxes scare me. I think our relationship just started off on the wrong foot.

The first year I had to file taxes I heard everyone saying that it was something you could just do yourself. So I marched right in to Office Max and bought myself a nifty little box called “TURBO TAX” and went to work. Except my taxes had nothing to do with W-2’s and people were telling me things about self-employment and write-offs and it was just so overwhelming. I finally found a way for them to just to tell me I was finished. I sent in my money and hoped they would leave me alone. Then one year I wandered into H&R Block they day before taxes were due (today’s date) and nearly gave the poor be-speckled man a seizure. He just didn’t know what to do with me. I had a part-time job at the time but I also still had this track thing going on and it was obviously not his area of expertise. But we made it through and I bought the extra insurance just in case we screwed up royally and the IRS came looking for me. At least I’d have backup.

I finally found a friend who does the taxes for many other track athletes. She’s literally been a lifesaver because she totally gets it. She runs track herself and knows exactly what we are supposed to do, what we can claim, and what we “technically” don’t have to…it’s fabulous. She started helping me two years ago and it was great. So I don’t really know why I am a whole year late on last year’s taxes, but I still have remnants of fear left in me. Coupled with the fact that I am so unorganized when it comes to this stuff. All I have is one big envelope with 2007 written on it and everything that could possibly be needed stuffed inside. It’s daunting. Not to mention that for the past two years I have been to about 20 different countries per year. That’s a lot of bookkeeping. At least now I’ve realized I can do standard meal replacement and not try and add up every coffee and bagel I order at the airport while I’m traveling. To be honest, it’s really not that hard. It’s one of those things you dread, and then when you’re finished you say to yourself, “self, that really wasn’t that bad after all.”

4 comments:

Jewells said...

Gotta love tax time.

It was easier back in the day where I just had to turn in a W-2 and be on my way. Now I got all these write offs and ish I don't know what to do with.

Thank God this year I didn't have to really file taxes because of disability since it's not taxable. And thank God for my awesome accountant. He's stuck with me=)

I'm mad that you're just now filing last years' taxes though.

eclectik said...

Alls I know is if you need someone to spend all that Tax money with/for/on

Hi-eeeeeeeeeeeeeee :)

e.

Anonymous said...

its "bespectacled" ;o)

Marcus LANGFORD said...

when i get my tax money, i am gonna stick it right back into some business venture because that is what i do...invest in myself. freakin' uncle sam and his crooked politicians have used my money for enough jive...now, it's time to do for me. i also think i will be getting a few new pair of nike shox...yeah, i think i will do that too :-]

Marcus LANGFORD of MLDTees.com