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Those of you who follow my every move with bait breath* will recall that we lost a house in December to a fire. For the rest of you, we had a fire in December. It was bad. Gutted the property.
For various and sundry reasons that I won't go into, the insurance has so far not paid up, and isn't likely to do so. (The large print giveth, and the small print taketh away...)
I'd been thinking we were going to have to pay taxes this year (one of the reasons I got certified as a tax pro) so I've been procrastinating, but I finally sat down and did the damn things tonight.
There's some money that WON'T be going to pay to kill Iraqis. And we're not paying.
(Big sigh of relief.)
Here's my certified advice: Itemizing is your friend. It's a pain in the ass, but it's worth it. Don't have a disaster, but if you do, make sure you document EVERYTHING. Put money in your IRA. If you don't have one, start one. As little as $20 a paycheck can make a huge difference in both your future quality of life and your tax status. Write down everything you donate to charity, and get a receipt. That nice shirt your kid wore once and then grew out of is worth $12 FMV. Keep every receipt if you live in a high sales tax state. Ours is 8.25% and itemizing helped a lot.
I have no issues with paying my fair share (and we do - we are in a fairly high tax bracket) but right now, my "fair share" isn't a fair share - I'm subsidizing corporations that hurt people and the planet, criminal behavior and an illegal, immoral war.
So damn right I'm going to be pleased that the Feds have to cut us a check.
*yes, I know the term is bated breath. I just think bait breath is more descriptive in a twisted sort of way.
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