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2005-04-13, 11:34 AM | #1 |
With $10,000, we'd be millionaires! We could buy all kinds of useful things like ... love!
Join Date: Jan 2004
Location: colorado
Posts: 318
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taxes
I want to I just had my taxes done
Fred
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2005-04-13, 11:57 AM | #2 |
Verbal prefers 56K
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Yeah, unfortunately taxes are one of life's necessary evils. As my father used to say whenever mom would get on his case to do work around the house:
"All I have to do is die and pay my taxes." That about sums it up. Hope this year goes better for you.
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2005-04-13, 12:41 PM | #3 |
www . *** *** . com
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yeah, life's like this :/
btw: how are the taxes in colorado? |
2005-04-13, 12:52 PM | #4 |
Hello, is this President Clinton? Good! I figured if anyone knew where to get some tang it would be you
Join Date: Aug 2003
Location: maine
Posts: 447
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I hate taxes just a royal pain in the ass since i always owe hahaha.I haven't had a refund in like 10yrs it seems haha.Great now I think tonight will be a drink and forget night haha.
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2005-04-13, 12:55 PM | #5 |
Subversive filth of the hedonistic decadent West
Join Date: Mar 2003
Location: Southeast Florida
Posts: 27,936
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I got a huge refund this year.
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2005-04-13, 01:45 PM | #6 |
The Original Greenguy (Est'd 1996) & AVN HOF Member - I Crop Pics For Thumbs In My Sleep
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Mine have been done for 2 months. I got $3000 back form NY State & owed $2500 on my Federal taxes. So I hurried up & sent in my State paperwork & prayed that my refund got here before the 15th.
It came in last week, so now I get to enjoy my $500 refund |
2005-04-13, 01:46 PM | #7 |
Subversive filth of the hedonistic decadent West
Join Date: Mar 2003
Location: Southeast Florida
Posts: 27,936
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Florida has no state income tax.
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2005-04-13, 02:54 PM | #8 |
a.k.a. Sparky
Join Date: Sep 2004
Location: West Palm Beach, FL, USA
Posts: 2,396
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I always figure, if you get a refund, you were giving the state/country a 0% interest loan with your money. Pity that the government isn't nearly as generous if you owe and are subject to penalties.
However, each year, somehow I have still overpaid my estimated taxes and end up getting something back which is applied to my first quarter estimated. Then, sometimes I get a few hundred back after that.
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2005-04-13, 02:58 PM | #9 |
Subversive filth of the hedonistic decadent West
Join Date: Mar 2003
Location: Southeast Florida
Posts: 27,936
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Since I really suck at saving money I overpay my withholding so that I'll get something back. I know that I'm giving the government free use of my money but it does force me to save something.
That and I had a very nice tax write off this year due to nature deciding that I was over due for a home remodel. |
2005-04-13, 05:26 PM | #10 |
Live and learn. And take very careful notes!
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as usual i have to pay....alot
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2005-04-13, 05:48 PM | #11 |
Subversive filth of the hedonistic decadent West
Join Date: Mar 2003
Location: Southeast Florida
Posts: 27,936
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Actually this is the first year that I didn't owe money.
I adjusted my business's paychecks to me withholding allowance to allow for the other sources of income that I have paid to me personally that I do not pay taxes on at the time of receiving them so that I didn't end up owing a bunch of money in taxes at tax time again like what happens to me each year. Then we had a hurricane and I borrowed money on the house to remodel and had a loss from the storm so I have some nice deductions now. I do think that I'm going to leave my withholding where it is so that I get money back again next year. I'll just look at it as the I Can't Save Tax. |
2005-04-13, 09:06 PM | #12 |
The Original Greenguy (Est'd 1996) & AVN HOF Member - I Crop Pics For Thumbs In My Sleep
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You know, this is the 1st year since I went "porn" that I didn't have to pay State taxes at the end of the year & this is the lowest that I've paid the feds. I've been thinking about this for 2 months & it simply means that I'm not doing as good as I have in the past years (owing money just means that I made a lot)
That part scares me a bit. |
2005-04-14, 12:19 AM | #13 |
a.k.a. Sparky
Join Date: Sep 2004
Location: West Palm Beach, FL, USA
Posts: 2,396
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With tax preparation costs included, my effective tax rate this year was 4.71%
in 2002, I think it was about 7.7%. In 2000 I think I was at 28.1% (including 6 months of Maryland residence). Don't just file taxes with your accountant -- use him for tax planning. I send mine my quickbooks files every quarter and he lets me know where I am, what I need to do to get where I want to be.
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2005-04-14, 03:12 AM | #14 | |
Live and learn. And take very careful notes!
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Quote:
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2005-04-14, 11:14 AM | #15 |
Verbal prefers 56K
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Just got my taxes done last night finally... and, I'm actually getting a refund too. That happens almost never... or maybe just on leap years... I'm sure there's a pattern here somewhere.
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