Working for yourself, income tax preparation requires additional efforts which I seem to hold off until the very last possible minute. I’ve been trying (but not my hardest) to keep up with things though I somehow don’t think it’s enough to simply cram receipts into an envelope until the 1st week in April.
I may kid, but only a little. I’ve heard of these new fangled accounting softwares on the interwebs but my fear is that even if I choose go that route with the belief that it will make my life easier, I will still be sitting and sweating next year in this same place, same bat channel, holding a pile of receipts and cursing while the software updates…
Last year I set down part of this load by finally hiring a CPA (certified public accountant) to prepare my taxes which seemed to give me more piece of mind than hitting the “submit” button on Turbo Tax ever did.
I feel that I’m a good mix of left/right brain when it comes to balancing the business side of my creative life, so I never really understand what’s up with all this procrastination.
Did you file your taxes yet? Or are you more like me?
Painting of Luca Pacioli shown above. Pacioli wrote “Summa de Arithmetica, Geometria, Proportioni et Proportionalità” a 27-page treatise on bookkeeping which was first printed and published in Venice in 1494. It contained the first known published work on that topic, and is said to have laid the foundation for double-entry bookkeeping as it is practiced today.