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Taxes! Taxes! Taxes! ... um, did I say taxes?

Yesterday was a day from ... well, it involved doing taxes, need I say more. Any who, we were suppose to meet wtih the preparer at 1 pm, when we arrived, was informed that she was out on a family emergency and this young lady who looked liked she has as much brains as god gave a cow, wanted to know if SHE would be of assistance. I told her 1) I was filing business tax for the first time, 2) business had to be done BEFORE personal taxes could be done 3) we have a house that we are renting out because we could n't sell due to market and 4) we had a large loss on a defaulted loan in which the borrower declared bankruptcy. She had this totally blank stare, glazed eye look to her face (kind of reminded you of a deer caught in the headlights) and stuttered a "well you could leave the stuff and she can get it later...maybe." At that I voice our extreme displeasure and we were assigned to another young lady who is recognized by the IRS as a competent tax preparer.

Five hours later, my business taxes were completed and then we started on the personal taxes <sigh>. That took another 2 hours. When all was said and done, we were in with the preparer 7 hours, but with what we are getting back, it was worth it. We were told the hard part was doing the business taxes for the first time, setting up the rental for depreciation and the defaulted loan. Next year is suppose to be easier!

That was NOT how I wanted to spend a beautiful saturday afternoon! At least the taxes are done, the refund will automatically be deposited and we can breathe a little easier.

And so, Mrs. Lincoln, other than THAT, how was the play <vbg>

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Comment by Linda Richards/N. Ontario on February 24, 2010 at 5:00am
I hate taxes, even doing my own and DH's which are very simple. It is just a big strain for me until I get it done. My program is still sitting here beside my computer and I need to install it and get the taxes done and out of my hair. It may be this weekend job. I just find it hard to get any length of computer time while Mom is here. Feel I should spend the time with her when she is up. Sometimes in p.m. I go and have a rest while she is having a rest. That only leaves me the early a.m. and by the time I get to QWU, they (DH and Mom) are up for coffee. Just have to take time for taxes but I procrastinate when it comes to that. Glad you got yours done Terri. Big relief!!
Comment by Terri D. on February 22, 2010 at 9:52am
Ohhhhhhhh, I went home and did something fun -- a+(-bmx)2 + (1-5m+ ... well, you get the idea. That was followed by a good dose of cultural anthropology with a principles in marketing chaser! At least its all done and nothing to worry about until next year. Hmmm, wonder how many classes I can get canceled today so I can quilt?
Comment by Debbie Snyder/WA on February 22, 2010 at 8:09am
EGADS! You have got to be kidding.....7 hours?????? I hope you went home and had something kinda strong to drink to go with your chocolate. (cocktail, wine or even strong coffee or tea)
Comment by B J Elder/WA on February 22, 2010 at 6:45am
HOORAY that you got them done! Not a fun day, but necessary and now you don't have that hanging over your head. There was a lot to sort out for you - whew! Taxes are NOT my gift (or bookkeeping). I'm so glad you got a competent person to help you. Now, go do something fun.... you deserve it, along with a good dose of chocolate!
Comment by handstitcher/IL on February 21, 2010 at 2:37pm
You made me laugh! Our taxes were pretty straight forward, but I've spent all afternoon working on my father's, who started showing major signs of Alzheimer's last summer. My sister cleared the contents of his desk and dining room table into a large box, which I spent the afternoon sorting. Some of the stuff dated back to 1995. This may take awhile!! At least yours are done, and you can sleep well tonight!
Comment by Prairie Quilter Jan/NE on February 21, 2010 at 1:45pm
Taxes are frustrating and I don't envy your day. I am in awe of anyone who can make heads or tails of the myriad tax laws. However, I have to admit that my first thought after reading your post and chuckling was "Man, I hope she doesn't own a private plane." Then I was ashamed of my slightly twisted sense of humor because sadly, that incident really was no laughing matter and my heart goes out to those who lost loved ones in that senseless tragedy. (Maybe it is case of laughing to keep from weeping.) Glad you are keeping it all in perspective in spite of the frustration.

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