Showing posts from April, 2014

It's Tax Time

It’s that time of year again.Income tax time!I dread it with a passion, and I ask myself why?I have worked as an accountant in some capacity my whole life.In fact, I enjoy working with numbers.I even prepared tax returns for a number of years.Why is doing my personal tax return so painful?
Well, let me explain.First of all, my husband is a farmer.We have been in the farming business for 45 years.You would think we would have the process perfected by now, but we always seem to have the same problem.I take care of the books throughout the year, and try so hard to keep a record of everything we will need when it comes time for the tax appointment.My husband has a more relaxed approach to recordkeeping.He keeps it all in his head.I am not saying he doesn’t have a good memory, but it is selective.We just don’t seem to agree on what is important.I like things exact down to the penny, and he thinks as long as it is close, the exact amount doesn’t matter.
It never fails every time we sit down w…