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Net owe 100 between State and Fed, will wait to file until April 1st. Used TaxAct for a long time... maybe 20 years...
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Got my businesses done, gotta get the personal ones done.
Didn't pay my estimates this year, kept the cash because I ended up buying and absorbing another office. Hopefully that writeoff keeps me ok. |
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So are you the kingpin of the dental world now? :D |
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It was a smaller office, I basically just bought his patients and equipment etc. |
Dumb question, but will my accountant determine that or?
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Seriously, you CPA's perform voodoo black magic. I sit down with my CPA every early December, ask him how much equipment I have to buy to not get raped by the man, and he figures it out within about 5-6 minutes. I choke back tears, he tells me to stop being a bitch and start shopping. Incredible. |
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What the hell are these taxes you speak of?
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I wait until April 11 or so to file each year because I always own, but it's within G. I think if you get +/- 1G you did really well balancing it out.
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Because I have an apartment attached to my house, I have to go through every credit card transaction, electronic payment, and written check to see what expenses apply to the house, to the apartment, or to an apportioned combination of the two. It's roughly 1,200 transactions this year.
Now, you may ask if I could do it as I go and not have to do it all at once at the end of the year, and the answer to that question is yes. Yes, I could, and every year I think I should, and then I don't. |
Sucks for sure.
Had a good year killing weeds and spent an ass load on equipment and repairs so offset most. Cap gains are a killer so been holding back on taking stock profits. Hope cattle stay strong so I dont get blind sided. My customers that are all grain are about to get a dose of reality with cheap corn and beans in the next year or more. |
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