Saturday, October 11, 2008

Receipts and Taxes

My business generates a ton of little paper receipts. Since I don't want to be taxed on money that I can legally deduct, it means that all those little receipts need to be recorded in the computer. In my case, that means into Quicken, Home and Business.

I LOVE QUICKEN! My records in there go back to 1991 and I can tell you anything you want to know about my finances with the push of a button. Of course I'm the only one who cares about this feature since I'm the only one interested in all the minutia but it's nice to know how easily I can get the info.

I have spent the last 2 days doing a year's worth of data entry. Okay, not the whole year but at least all the cash receipts. They are finally all entered. The bad news is, they are for 2007!

If you file and extension on your taxes, they now make it a 6 month extension which means October 15 is it. This means if I don't have all my end done, Dick can't do the tax return and if I have any chance of getting the $600 the government is so nicely giving out (don't get me started on that one), I need to get it in - now.

This is when I wish I had inherited my Mom's way of dealing with hated jobs. She did them first so they were out of the way. But no, I procrastinate until they are so heavy on the back of my neck that I can't stand it and then, only then do I finally tackle it. That's when you find out it wasn't a big deal and you fretted it for nothing. When will I learn...

So this is my public proclimation that for 2008, all my receipts will be entered and my tax return will be in by April 15. Every year I swear I'll not go through this again and then I do so maybe writing it here will make the difference. I think I'll go get started...

1 comment:

Patricia Hecker said...

★☂♻♥⁂ mAtH hUrTs ๏♫☞☁♧♥