Quarterly tax days

posted by Jeff | Thursday, June 14, 2007, 2:06 PM | comments: 0

One thing that tends to make you more aware of the fact that you pay taxes is having to do so yourself four times a year. Tomorrow is the quarterly estimate day, and I have to write out about $1,500 in checks to the feds, Ohio and Brunswick. I hate it.

Freeze once said to me, "You have to make it to pay it," but that doesn't make me feel any better. My accountant said she's worried that I'll teeter between two tax brackets, so she wants me to pay way more than last year. That sucks. At least I can write-off big purchases all in the same year, so when I buy all that new Adobe software or whatever, that's a deduction at least.

It was a lot harder when the only money I was making was from the business. That really stings. You have to draw cash from your business to live, and then you have to divert some of it to something that, frankly, doesn't seem worth it. I'd much rather divert it to that carpet I still haven't replaced.


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