March 20 – the taxman cometh

239/365 – people to thank who have had an impact on me.  It’s that time of the year – oh how I wish I could say it was Christmas but no, it’s tax season.  I’ve spent the bulk of today gathering all the statements, slips, calculations and scanning them for my accountant.  Yes, my accountant.  People think that because I have a Business degree, I should be able to do my own taxes.  They also assume since I am a Business teacher, taxes should come second nature.  Well people, I majored in Marketing J  I took all of my electives in the “ologies” whereas my Commerce/Business compatriots took courses like History of Tax Law.  If I had done that, I could do not only my own taxes but also yours.  However, that is not the case so I go to my guy Dennis.  Because of a Facebook query, I discovered him about three or four years ago when I really needed to figure out how to claim my son’s sports, my daughter’s tuition and book credits, transfer income to my wife, deduct losses from a revenue generating rental – oh man, I’m already getting confused.  Yes, I have spent about 6 hours organizing things today but I’m sure I would spend 5 times that time figuring out all the deductions and calculations in order to arrive at how much each of us owes or is owed.  I’m so thankful to have Dennis do this for me because that’s his expertise and he has taken me on as a client just through a friend’s recommendation.  I also like the fact that I can communicate with him through email/text/pdf and get everything done with minimal effort on my part.  As I was told by my own Accounting teacher back in high school, death, a car accident and taxes are inevitable, it’s how big each of them will be.  Thank you Dennis for making the tax part a little less exhaustive and hopefully not so big  🙂

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