Picture of the day.
Now for today’s stuff:
Well, I finally took the bull by the horns and filled out our tax returns. For a while when I ran a business, I had a CPA. That was only because my brother, a successful businessman in retail sales, asked me once who did my taxes. I answered, “ME.”
He informed me as a businessman, I could not do that, imma thinking he was saying I wasn‘t smart enough,. Any way I found a CPA and quit doing my taxes until the CPA passed away.
Over the years it has become more complicated, but still I prefer to do ours. I guess I am cheap....... Well I do not guess that. LOL
Anyway, that is done; we have been residents of Florida for years (we have 'no' state tax). When living in NC we paid state income tax as well as Federal.
This time of the year I sit around and think. It would be so simple if everyone who earned over $30,000 a year would pay a flat 10% fed tax.
Amazing once when President Nixon’s tax returns were made public, I had paid more taxes than he did and he was my commander in chief. LOL Nixon was not even a billionaire. Now the present president in the past few year paid ZERO tax, and him a billionaire.
I am not sure if anyone has read all of the tax code. I have read what effects our return; the only thing that baffles me is the formula for figuring how much of one's SS is taxable. It is NOT that it is so complicated, it is just that the mathematic gymnastics is so strange, with no logic, to my mind.
I am not saying either president or other Billionaires are breaking the law, they are within the law they just have a FEW more loopholes than you and I. LOL
I have beat that subject to death, so imma quit.
I do love this country and we but taxes are a must to run it, keep order and fix the roads. But taxes ain’t no fun.
Most of my life I have heard, There are 2 sure-things in life, death and taxes. YEP!
Nite Shipslog
PS: If you are still reading, THANKS, you B sweet.



6 comments:
So, Jack - did you get your taxes done? I agree they are a pain in the butt.
It is important to pay your taxis. The taxi driver has a living to make too.
Oh ... TAXES?
God bless, Jack. Try to keep smiling, whatever happens.
Thanks for the reminder. I've been so busy lately I forgot I need to get the taxes done. I use Turbo Tax online to help me and it has made it so much easier to do. I used to do it all by myself back when our taxes were much more complicated as a minister...there were so many things to keep track of...parsonage allowance, car allowance, entertainment/business expenses, etc....Save those receipts!!! Oh my goodness! I was so happy when we retired and all we have to deal with now is our Social Security and a very tiny pension from the state of Florida because we both worked for the state in one capacity or another for a little while, long enough to get vested and get a little pittance that really helps supplement our SS, since we never had any other retirement fund. Our churches were too small to pay one or we didn't stay long enough for them to accrue. Anyway, yes, living in Florida is wonderful when it comes to taxes. We are very thankful!
I think having to read the Tax Code is right up there with capital punishment.
That time of year is coming around again. We do ours with TurboTax.
We are heading to see Cousin Dan at Pace tax next week. Probably could do our own but this is just easier and if any mistakes are made, We are not responsible. Ha!
Hoping for a refund.
Lisa
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