I take it all back. I am the procrastinator people joke about every April. I am the one who waits until the last minute, even though I do scope out the path the 1040 will take in January.
I remember the days when I held a full-time job and paychecks arrived with donations already made to the IRS. All I had to do was round up my deductions and a few other details, and I’d have my tax return ready in less than an hour.
Now I run a business. Besides the 1040, I do Schedule C and the SE form. I know I did well last year, but I was horrified when I kept coming up with such a huge chunk due for my taxes. I tried and tried. Sunday I worked on the numbers until 1 a.m. the next morning. Yesterday I worked on them all day long. Finally concluded that, short of outright cheating, there was no way to cut the pain.
From now on it’s got to happen every month. No more procrastinating. No more paying down my mortgage at a rapid clip. Taxes first, then life.
Tags: taxes