Friday, March 6, 2009

MI-5 & Ginny

1.  I got my tax refund last week.  Have you filed yet?
Will you get a refund? What are your plans for the
money? Save? Spend? Something you've been wanting
and can now get with the "extra money?
I would love to get money back. Unfortunately, its been
a few years since that happened. As a 'self-employed'
pastor, I have to keep all my own records and pay
"estimated" taxes during the year. As you can imagine,
I usually have to pay more at the end of each year.

2. Do you do your own taxes or have someone else do them?
A minister's relationship with government is somewhat
'dicey' since the tax laws change almost every year. I was
fortunate to meet a retired IRS agent while living in
Northern Virginia. He was a good friend and advised me to
always use a good accountant who stays current in law.
I listened ...

3. Have you ever been audited? What was it like?
Nope! ... and now I wonder who is reading this.

4. Did anyone else hear that Seniors will be getting checks
for $250? I heard it once and then nothing more about it.
Seems only fair since they don't benefit from a reduction in
payroll taxes. Your thoughts?
Sounds alright to me. There must be a few more billion
lying
around somewhere.

5. Do you wait until April 15 to file if you have to send
a check? Or do you just want to get it over with?
I usually get the balance I owe before the April deadline.
But
I end up mailing my last check on April 14.

Really Mr. IRS man, its ALL LEGAL !

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