I just got off the phone with the IRS.
A couple weeks ago we received a nice letter from them stating that the return we submitted last year didn't align with their records. They wanted to give me the opportunity to review the information and make any "amendments" necessary to my 2005 return in case there were errors.
How nice of them! I wonder if Texas oil billionaires get the same courtesy...
You see, last year I decided to do our taxes myself. We fired our accountant when they tried to charge us for two separate returns by filing my wife and I individually as "single," and when the state of New York asked why we didn't file with them the same week the state of Connecticut asked why we'd sent them a check. This looked like a job for TurboTax!
As it turns out, TurboTax is great for a single person who doesn't change jobs or have Cayman Island gambling winnings to worry about. At one point, while filling out the questionnaire, I believe it said, "Your return is too complicated for our software. Would you like to make shit up and hope for the best? If 'yes' then click 'continue.'"
"Click"
We've got a new accountant now, and I sent him the notice and a copy of our taxes. I imagined him reading them, chuckling, and saying "what a retard" under his breath. But he's optimistic that we won't, in fact, have to pay $312,475 in back taxes, and since he's already uncovered some new deductions for us this year I'm hoping he'll figure something out. (Did you know you that if you're a business owner and you drive across the Brooklyn Bridge you can deduct a portion of the depreciation and maintenance of the bridge? Nice!)
I just hope that we don't get hit again with the "grab your ankles" tax targeted at wiping out the middle class so Haliburton executives can take government-funded helicopter rides to the country club without us complaining. Every time I think about it I recall Lewis Black's observation of our tax code: "You'd have been better off if your Congressman just came to your door and pissed on your foot."




I've used Turbo Tax and H&R Block's online service the past couple of years and haven't had any problems.
This is with buying a home, having 2 kids, moving to a new state and other random crap during this time period.
I used the "talk to me like I'm a 4 year old" option and it almost made perfect sense. Almost.
Posted by: whit | March 30, 2007 at 12:03 PM
My wife, like taxes,wants to skip paying the accountant and give it a go on our own. This is why I say no! Pay the man and let him talk to the Government. Plus he always gets me lots of money back.
Posted by: Peter | March 30, 2007 at 12:09 PM
Illuminating post. Some of our pols would have it Canada should be more like the US, where you don't pay any taxes AND you possess a fearsome military with modern equipment. Don't burst the other bubble, please.
Posted by: p-man | March 30, 2007 at 02:53 PM
I heart Lewis Black.
Posted by: MammaLoves | March 31, 2007 at 01:58 PM
I would feel your pain except Keen does all our tax work (being a CPA) and I have not a clue on how to do taxes, how to file, what to do if the cat eats our records, nada. I am completely clueless.
And I'm fine with that.
Posted by: the weirdgirl | April 02, 2007 at 10:21 AM
We just filed with Turbo Tax. Pretty straightforward return we had this year. 1 house, 1 state, 2 people, 1 kid. Next year though, I will have a lot of extra income from some side writing work and graphic designing/tee shirt sales. I assume I will need a small business accountant to make sure everything is kosher.
Posted by: Jeff | April 04, 2007 at 11:38 AM