The positive side of owning one's own business is the opportunity to do what one wants. At least, that's the ideal. Of course, when I started my shop 25 years ago, I never thought that I would still be working retail in 2010. I thought I would already be retired, living in New Mexico, and enjoying a creative life. Well, I'm not retired, I'm living in snow-filled Minnesota, and although I still try to live a creative life, life gets in the way. Today it will get in the way this evening as I bring my business books with me to meet with my accountant. My personal tax appointment is in March, this one is just for the business.
Although I was raised in an accounting atmosphere (my father was a bookkeeper), and although I worked in the accounting industry for many years, making very good money, I really don't like it. I love many of the people I've met through it, but I don't like numbers particularly. So I try to leave the nitty-gritty junk about numbers, Profits and Losses, etc, to my business partner and my accountant. Still, the business is mine and I do need to keep my eye on things and my hand on the tiller. So, I shall be a good girl and go to my accountant tonight with my books, let her look things over and let her tell me how good or bad last year was, even though I already know. The only part I don't know is how much I will be on the hook for with the IRS. Ick! It's hard to be creative when dealing with the IRS and the Minnesota Revenue department.
1 comment:
NOTHING I dislike more than paying taxes. Especially when I see nothing coming from them on this island. At least in America one gets some value for your tax dollar. Here it is just a bottomless pit---sigh.
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