I dropped my taxes off with my accountant this past week. We had a nice long discussion about my tax situation, which has changed a lot in the past year. In addition to my small business income/expenses, I had a few more fun things to consider. I admitted to being naughty – I did a bit of day trading bit last year at my online brokerage accounts. I took small losses on two trades, but made up for it with a slightly larger gain on another trade. I admit I shouldn’t have done it though. Not only does it muddy up my tax return, but short term trading is risky. Overall, I ended up with a small gain of a couple hundred bucks. Worth the risk? Well, the end result was good, but it just as easily could have been ugly, so probably not.
So now I just have to wait it out and see what the damage is – both for paying to have the taxes done and my state ad federal tax bill. I’m glad my accountant charges reasonable rates!
CompleteTax Giveaway Winners
This past week we held a giveaway for 5 free copies of CompleteTax, one of the top online tax software programs (see CompleteTax Review for more information about CompleteTax). The winners were randomly selected by using a random list generator from the site Random.org. Congrats to the winners, who should receive an e-mail notification shortly!
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