Here is a phrase that most will never say, “Happy Tax Day”. Ok, maybe the spouses of CPAs, but that might be it.
Well, I did my financially responsible thing this morning, I mailed off my check for the taxes that we owe. At first, I was really upset that we owed. Then, I looked at that we did well financially this year. And then I got frustrated again with myself, because I like to get our taxes close to zero. The last few years we have had a ping pong effect. We went from owing, to getting back a large sum, to getting back a smaller sum, to this year owing.
I’ve had a few conversations with my CPA already about next year. We are on track to give even more this year, even with paying down our credit card debt and also paying off our tax bill, we are in a good position. If things stay the course, we are looking at 3 more credit cards being paid off in the next few months. Then, we tackle the big ones.
So, as I think about the day and reading the recent job numbers and how many are looking for work, I feel blessed to be in a position that we did well financially last year and hope to do even better this year. But this year, hopefully we’ll be able to mitigate some of our taxes.