Monday, January 7, 2008

It's Tax Time

As with every tax season, I run around the house looking for things I can deduct. They never come out to much, even when you donate boats, and cars it just comes off of your income rather than off of your taxes. Most people don't realize that. It sounds nice to get $5000 off, think of the great refund you'll get. But it isn't. It takes your income down by $5000 so in reality you only see about $45 to $50 added to your return. Not that I'm not thrilled to get $50 extra here or there, it's just never as great as I think it will be! I need to look into IRA's and see if I can find something more there!


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