Happy Tax Season!

[Benton]

(04-18-2019, 12:48 AM)bfine32 Wrote: Not directed at you, but just a financial lesson for those reading:

If you get a return at the end of the year, you have given the government an interest free loan.

If you owe at the end of the year, the government has given you an interest free loan.

Too many people take pride in their return. 

Yes and it still sucks.

I'm self-employed. My wife is in a profession that requires employees to make a lot of purchases. Because of the recent tax changes, the self-employed and those who make purchases for items not provided by their employer had our deductions wiped out. Which, personally, I'm not a fan of deductions, so I'm in favor of. But I have an issue when big companies get millions in tax breaks and I can't write off basic expenses, or she get reimbursed as in years past. 

If we're going to have reform, great, let's reform. But not by increasing taxes on the middle class and keeping in breaks for big business.