Have you filed your 2005 tax reports?

Super Mod · 03-02-06, 08:05 AM

I was just wondering how many of you out there have filed your 2005 tax reports already? I'll be finishing up my 2005s within the next two to three weeks. I'm a bit late, but it's been hectic around here. How about you?

kris · 03-02-06, 09:24 AM

I haven't filed mine yet either. I have been working on them but am not all the way done and ready to submit yet. Usually I have them done before now, but that's ok.

Super Mod · 03-02-06, 09:43 AM

Quote:

Originally Posted by kris

Usually I have them done before now, but that's ok.

Yes, I usually have them done in mid-February at the latest. I'm a little worried about it, but I'm sure I'll pull through and get them completely done in time. I just hate being late on things like this.

**Avix** · 03-02-06, 10:12 AM

I don't even know, hopefully my accountant has... probably get another fine. I hate accounts.

Josie · 03-02-06, 08:10 PM

I haven't filed yet, but mine is a piece of cake this year, so I'm not worried about time slipping by. Everything is very simple this year. Next year will be more complex, and I'm already worrying about that one

I hate tax time and usually put off filing until the last moment. Then again, I usually plan things so I either don't get a refund or I owe a little, so it really doesn't impact my business when I file, as long as I DO file.

Do people here actively plan so that they get a refund back? I know a lot of people who are employed who have more withheld from their checks than needed so that they can have a "bonus" of a refund - sort of a forced savings idea. I don't know anyone operating a business themselves though who do this.

Does anyone who operates a business do this kind of "savings" method? If so, how can you justify it taxwise, with having to do estimated tax payments. Does the IRS after awhile tell you to stop giving them so much extra money? Hmmm ... somehow I can't see the IRS turning down extra money (except for the fact that they have to give it back to you, but even so, they've had the use of your money for almost a year and made some good interest off it). Just curious ...