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Taxing Taxes

April 12th, 2007 at 04:31 pm

I should not really complain - I do not do taxes myself - but still, only one word for taxed - Blech! I have a small side cleaning business and DH's deductions for business expenses can be complicated so I have always used an family friend who is a CPA to do our taxes for us. I figure it is worth it in the long and short run not to have to try to figure out all the complicated schedules etc. myself. Anyway, picked up the completed tax forms from him yesterday. We will be getting a decent refund from the FED, mostly do to DH's job situation and having to pay insurance out of pocket. Since DH's current job is as an independent contractor, we are putting part of the refund toward quarterly taxes and banking the rest to pay real estate taxes when they roll around in August. Oh well, at least I can collect a few months interest on the money til the real estate taxes are due. Now I will have to remember to file quarterly and it is just one more thing to have to worry about, hence my title taxing taxes. I just feel tired of dealing with taxes and don't want to have to think about it several more times this year.
DH's current job is not meeting our expectations in terms of income and hours (income - not enough and hours - too many and too inconsistent). I feel like all I do is complain about his job situation but I would really like to see him get back into a stable position that is not 100% commision. It would be nice to be able to know at a minimum what is coming in each month. Right now, he made a few sales but has yet to be paid on any of them so no income from him since early February. This is wreaking havoc upon our finances. I am having to rely upon my part-time income and our line of credit. This time last year we had approx $15,000 in emergency savings and no debt other than mortgage and car. Right now, we have about $1000 in emergency savings and over $10,000 in debt on our line of credit. ARGH!!! I am tired of feeling like we are going backwards instead of forwards. Okay, enough with my personal pity party. I know we will figure something out and something will change soon - he has posted resumes and even has an interview next week. I am just tired of feeling tired about finances.

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