Whew... For some reason, taxes took longer than they have in other years. Part of the time was spent trying to get out of a federal tax penalty for not calculating the estimated taxes correctly. We spent 14.63 hours (courtesy of worklog), mostly together working on them. I am finally mailing them in today.
We convinced them (Pittsburgh, Pennsylvania, Federal) to only take 15% of our income... I have wondered about MIT's/Huckabee's tax pseudo-flat sales tax and what that would look like for us. We do get a bunch of credits and deductions, and under the prebate/sales tax model, I don't think any deductions would apply. But on the other hand, we also probably spend less than a lot of people, so maybe whatever rate that would be picked wouldn't be that bad. And of course, the cost of saving 27 hours for having a simpler tax code would be nice.
Posted by
jondaley on
February 7, 2008, 12:47 pm
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