Showing posts with label taxes. Show all posts
Showing posts with label taxes. Show all posts

Tuesday, April 5, 2011

Bloodwork, Taxes, & a 1 Minute Dance Party with Pitbull & T-Pain. Ooh Baby Baby. LaLaLaLaLaLaLa

Have switched gears from wedding planning mode to tax season mode recently, and am finding that I need a new 1 minute daily dance party song to make it through the next 2 weeks.

But instead, I started off the day by getting 4 vials of blood sucked out of me for the old annual and pre-wedding physicals. Last night, it bummed me out to realize that the 8 hour fasting period likely meant I should also stop drinking wine. The most exciting part of the whole experience was the magazine selection at Quest today. I arrived at 11 am and hadn't eaten since 2 AM. What was next to me on the table?
Have a look:

Thanks Quest!
But on the bright side, I'm hoping that having less blood might give me a quick free buzz when I have my dance party moment today.

While I am tempted to make the Little Lion Man or that other Mumford & Sons Song (the cave? ) my daily dance party song, I don't quite feel like square dancing today. And I'm not drunk in a bar, singalonging.

So I think I'm going with the beat that I've been coming home with in my head for awhile now.
There's something about it that makes me nostalgic for a dance circle in 1995 Cancun with Mr. Vain pumping. 
I knew it as the Ooh baby Baby Song.
But it's actually called Hey Baby Drop It To the Floor, by Pitbull featuring TPain. Of course.

Wednesday, April 15, 2009

The Dance of the Sunset Palms




Am hitting the home stretch with tax season, and needed a few relaxing minutes today, away from tax forms. While watching the sunset out the window, I thought the palm trees were dancing to the music we had playing. Check them out...



Happy April 15th! Go pay your taxes already.

Friday, April 3, 2009

Interesting Tax Form Lines





Each time I prepare a new tax return, I come across new and interesting lines that have made their way onto our tax forms, usually via some new government program / rebate / assistance package. If you haven't read through a 1040, or other tax form...they can get quite technical, and require you to jump through mathematical loops as you go from line to line. The additions of these little lines just crack me up and make me have to go back and start my math over.

For example- Line 42 -
"If Line 38 is over $119,975 or you provided housing to a Midwest displaced individual, see instructions. Otherwise, multiply 3500 by the number of exemptions on Line 6d. "
I guess we should have all been housing midwesterners for tax breaks this past year. Who knew. But I bet i can find some nice deductions with those Meth Lab startup costs.

There is also an actual question that says...
"Was the business located in a Qualified Disaster Area? "
I am wondering where to get this qualification form, as my office might qualify on most days.

Some lines just make me say "Huh?"...Line 60 - K
"Additional tax on recapture of a charitable contribution deduction relating to the contribution of a fractional interest in tangible personal property."
All I get from this is that someone got in trouble for overstating some donation and now we have an extra line cluttering up our tax forms.

One thing that really annoyed me to learn...You know how they preach that student loan interest is tax deductible? Well, it is. Kind of. Until your salary hits $70,000. Then the IRS thinks you make too much money and you can't deduct loan interest. Bet they don't mention that when you fill out the loan applications.

(Skip this paragraph if it does not affect you, it's a bit technical and I needed to vent)
And that new 2008 First Time Homebuyer Credit?
It's not really free money, folks. You get up to $7500 this year, but then have to pay it back at $500 / year, starting in 2 years. So be prepared for a slight bump up in your tax bill then, and for the next 15 years.
*** A note - If you bought between 4/8/08 and 1/1/09, you got screwed. You have to pay your "credit" back, while those who bought from 1/1/09 to 12/1/09 don't have to, and they get $8k.
Also - this lovely plan starts to phase out for Singles making $75,000 and couples making $150,000. And you aren't even eligible if you're single making over $95 or a couple making over $170 .
When are they going to get in touch with reality and set some normal limits?

One thing that made me happy is that there is now an expanded section for Civil Unions and Domestic Partnerships. Some states are allowing couples to file jointly, but the IRS / Federal Government is still making people file separate federal returns. Dipshits.

Ok, back to tax returns. Hitting the home stretch now...