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Tax Time! It's the most wonderful time of the year! Not!

By
Real Estate Agent with Long & Foster 0225078705

It is the dreaded time of year has rolled in again.  It seems April 15 comes quicker than my birthday each year.  I dread it even more.  Separating income, expenses, mileage, charities, fees, dues and receipts!  WOW!  I can hardly wait to send them off to my accountant!  I can't even pretend that I like it!  It seems each year it gets harder and harder to motivate myself to sit down to a table, and start sorting thought the piles.  A few years ago I started placing each category into an assigned envelope.  It make the organization of materials much quicker.  I still don't like it.  I can identify with children that don't like eating their vegetables! 

I guess it is not even the point of whether I have to pay or not that bothers me, it is the anticipation, and just plain phobia!  I guess I am not alone, there are no parties celebrating April 15th, comedians don't even make fun of the IRS.  April 15th is not sung about in any songs, Broadway shows or dark humor!  It is avoided like the plague.  Just wake me up when it is all over!  I know in my heart it isn't just me, it is everyone, but it is the ultimate Taboo subject!  No one wants to do do it, no one understands why we pay so much, and in spite of having a bad tax year, do we ever learn from it?

The hardest thing in the world to understand is the income tax." Albert Einstein.

So can I ask a  simple question?  Is it just me?

Posted by

James Crawford Broker Associate

Long & Foster Fredericksburg Virginia

678-595-5286 Direct

 

Fredericksburg VA Real Estate Agents, Spotsylvania County Homes for Sale, Spotsylvania County VA Homes, Stafford County VA Homes, and City of Fredericksburg VA – Luxury Homes, Lots, Land, and New Home Construction. Buying or Selling Call Me!  

 

Long and Foster Fredericksburg VA

Comments (15)

Robert McArtor
RE/MAX Components - Fallston Maryland - Bel Air, MD
Top Listing Agent for Baltimore and Harford County
Just did my taxes......HEY! This barrel doesn't fit so bad after-all !!!!
Mar 22, 2007 03:26 PM
Suzanne Sands
Pavao Real Estate - Somerset, MA
Somerset MA Real Estate
 No, your not alone! Think of how good you will feel once the task is complete, regardless of the outcome it will be done! :)
Mar 22, 2007 11:26 PM
Danny Smith
DISCOVER TEXAS HOMES - Round Rock, TX
Jim, did you have to remind us? I haven't even started pulling mine together. Usually I have a CPS do mine but thought I wold do it myself this year.
Mar 23, 2007 12:24 AM
Jim Crawford
Long & Foster - Fredericksburg, VA
Jim Crawford Broker Associate Fredericksburg VA
LOL!  I hope to have mine pulled togehterby today, so I can FEX EX to my accountant. Do myself?  NEVAH EVAH!  LOL!  It is one of those mental blocks I have!  It turns procrastination into an art form for me!
Mar 23, 2007 12:43 AM
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher
Oh Jim, I HATE it.  I hate finding all the paperwork, figuring everything out before I even get there.  And then hearing the dreaded news:  You OWE  $_________
Mar 23, 2007 03:01 AM
Jim Crawford
Long & Foster - Fredericksburg, VA
Jim Crawford Broker Associate Fredericksburg VA
We just sent ours out today to our acountant in Maryland!  We've been using the same CPA accountant since 1980. We could not even imagine using someone else.  It is not so much about paying or getting something back.  It is about the stress and anticipation of it.  I view tax as a privledge.  If we are paying, we are making money also.  I really think that taxes are a small price to pay for living in one of the greatest countries in the world.  I just hate the anticipation of it all!
Mar 23, 2007 11:26 AM
Thesa Chambers
West + Main - Bend, OR
Principal Broker - Licensed in Oregon
I sent my out - and am holding my breath - tax day is always bitter sweet for me...my oldest shares his birthday with that dreaded day... if only things were that simple again.
Mar 23, 2007 12:19 PM
Jim Crawford
Long & Foster - Fredericksburg, VA
Jim Crawford Broker Associate Fredericksburg VA
LOL!  Mine just went out today!  I hate it!  I don't care whether I pay or not, just that it is over.
Mar 23, 2007 02:14 PM
Vicki Lloyd
The Lloyd Realty Group - San Diego, CA
(619)452-9798, Real Estate San Diego California

Ever since reaching adulthood, I have hated April 15th - and that's my BIRTHDAY!  (At least this year, we get until 4/17 to send in the $$.)

Mar 24, 2007 05:25 AM
Tom Giansante
The Title Company of Jersey - Wildwood, NJ

Jim,  I don't know what all the fuss is about...I mailed my taxes out before Ground Hog Day!  

Just Kidding!  LOL   I'm in the same boat as everyone else....

 

Hey, I just got the rare "Avocado"

Mar 24, 2007 07:23 AM
Jim Crawford
Long & Foster - Fredericksburg, VA
Jim Crawford Broker Associate Fredericksburg VA

LOL! Vicki your birthday is always a reason to celebrate!  As far at tax time, maybe it is not the taxes, maybe its the date, it comes just 14 days after April Fool's Day!  No one ever has a party on April 15 other than accountants, tax lawyers and CPAs'!  I have some agents I give referrals to, and each year at tax time, we have to take a major time out while they get their taxes done!  I know it is not just me!  We do quarterly estimates, that seems to help a lot.  We tried incorporating ans we both felt after a few years, it was a total waste of time.

Tom  I always have what I need at that time, but never get it all together until mid March, my accountant usually gets our taxes back on the 14th...then we scramble!  Aaargh!!!!!!!!!!!!

Mar 24, 2007 11:22 AM
Endea Thibodeaux
Tarver Realty Group - Washington, DC
CLHMS, RECS
We pay taxes on gas, taxes on food in some areas, taxes on clothes, taxes on property, luxury taxes, taxes on purchasing cars, in VA taxes just because you own a car, state taxes, and so much more.  Why do we have to pay taxes on our hard earned labor? This great country of ours is taxing it citizens to death.
Mar 24, 2007 12:21 PM
Jim Crawford
Long & Foster - Fredericksburg, VA
Jim Crawford Broker Associate Fredericksburg VA
I know, but where else can we make the money we do in real estate?  I know about Virginia, I lived in the DC area for over 10 years.  I was licensed in Maryland, and Virginia.  I currently have an Active broker's Associates License in a holding company in Virginia.  Taxes are high there, but higher elsewhere.  I was shocked when I was in New Orleans the sales tax was 9%!  I don't think it is even 9% in New York City!
Mar 24, 2007 01:22 PM
Craig Smith
Re/Max Achievers - Frederick, MD
Frederick MD Real Estate
What.... tax time? I know I'm filing an extension.
Mar 24, 2007 01:58 PM
Jim Crawford
Long & Foster - Fredericksburg, VA
Jim Crawford Broker Associate Fredericksburg VA
I've never done an extension.
Mar 24, 2007 03:54 PM