"The hardest thing in the world to understand is the income tax" -Albert Einstein.
TODAY IS TAX DAY!!! DEADLINE IS HERE!!! UH OH!! Man, let me tell you I do not look forward to this time of year, and Mister Einstein said it right!! Taxes are soo overwhelming and intimidating, I don't care how organized I am when it comes to tax season, I never look forward to it. I sit on the edge of my seat as I turn all my paperwork into my accountant wondering if I'm going to have a refund or am I going to owe. I just cant take it!!
I submitted my taxes the other night but with today being the deadline, and some of yall filing extensions I thought I would share some resources that I found helpful so when next year comes around you and I are on top of our game.
Tax season is the only thing that keeps me on my game when it comes to collecting receipts and such, even if I dont use them for filing its always interesting to see how much I've spent on a single project. I'm still in a trial and error mode searching for a tracking system that is easy for me. Right now I have a simple excel spreadsheet that I'm checking into constantly and recording expenses. Its month 3 though, so Im praying that this is something I will keep consistent with, but so far so good. Let me tell you I will abandon a system in a second if its not working for me. Systems for record keeping really should be as easy as possible because otherwise you simply will not do it Its also smart to know how much money you are spending and what your spending it on. Personal Finance 101 right?!
So keeping along with this whole taxes thing, I simply wanted to share 2 podcasts about taxes I recently listened to. These podcasts are my one of my favorite podcasts on personal finance from Money Girl.
Hopefully you find these helpful, and cheers to a new year of consistent proper recordkeeping
If you have any tax tips or resources I would love to hear about them in the comments
