Thursday, February 10, 2011

Taxes 2010

OOOOOHH does my brain hurt! It takes me a day to gather all the paperwork. Another day to verify with my excel spreadsheet. Two days to input all the information into the tax system online, with our tax accountant. We wait to hear from them that they received all that information. Another day to fax over paperwork.

This is of course only after I make sure we have all the bills in for the 2010 year. I don't usually get all the bills in until the end of January of the following year. It will take me time to put this into my excel spreadsheet.

Next week I am sure we will have a couple of questions and the tax accountant will have a couple of questions. I don't stop biting my nails until we get the taxes in the mail, sign them and forward them to the appropriate departments.

Last year we sent taxes to California and to Virginia. Virginia has taxes because of the business and California because of the house and we currently reside here. When we lived in Virginia it was just Virginia we had to send taxes to. Pretty much it changes based off of where we live. If we live in a state other than California or Virginia I am afraid it will be a little more complicated.

Have you started you your taxes yet? My guess is maybe not unless you own a business.

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