Ramblings from another nerd on the grid
April 15th is an interesting day. For those of you that are small business owners, you know what I mean. As you start off building a business, the yearly tax deadline spells out all to well how your business did. Your CPA is going to look at you and ask when you plan to make money. The IRS is going to ask the same thing. In the initial year or three, your business likely looks like a hobby.
Then all of the sudden with any luck, around year three or four, the tax day declares that you’ve made it and are successful. How do you know? You have a nice fat tax return indicating you owe money to the government. Yippee !!! Oh it gets better. If you are really successful, you get to pay taxes every three months from here on out. Hip Hip Hurrah !!!
I am of course talking about my wife’s business. She’s the hardest working woman I know. She’s been building a retail business here in Southlake, Texas and had a wonderful year. I am very proud of her accomplishments. She deserves success and if the tax bills rolling in are any indication, it’s coming. I keep threatening that if she makes enough money, she’ll have to support me full time!!! She of course already does, but she’ll get the yearly gadget bill, too. Grin.
Pretty soon she’ll have the official Master Chief costume at her shoppe. Matt Hester and I want to take the costume and the new Hummer and drive it across the US and have some fun. Anyone game?
What is better than getting a new tax deduction on Tax day? :-)