Last week we sent in our taxes and another yearly duty was done. We’re getting a bit back this year though not as much as last year. The only predictable thing about doing your taxes in America is the process is always unpredictable.
Have you done your taxes yet or do you wait until the last minute? Do you do your taxes yourself? If so, do you use an online service or a software program to help you? If so, which ones work best? Do you use a CPA?
If so, do you play a flat rate or does your CPA “decide” how much you’ll pay after you know if you’re getting anything back or not? Our CPA always jokingly tells us we owe $3,000.00 before he really figures anything out and then he usually tells us we’re getting a little bit back or paying in a bit — thanks to his hard work and expertise with the tax code.
I appreciate his experience.
I have, however, learned to anticipate my yearly, breathless, $3,000.00 heart attack. Do you file electronically or do you stick with paper? What is your tax paying philosophy? Do you fight for every single deduction?
Or do you just keep your tax paying experience as simple as possible and if you have to pay, you pay, and you don’t worry about squeezing back every little bit. Would you prefer a Flat Tax?
A Flat Tax would let you know exactly what you’ll pay every year. You pay it as you go along and then you’re done. No hassles. No worries. No game playing. No $3,000.00 heart attacks.