Tax Season: Love It or Hate It?

[Lynn Terry]

There is a simple anonymous poll above. I'm curious how self-employed work at home folks feel about tax season. Do you look forward to it, or dread it? Answer above!

[CorpRebel]

[nar321]

I'm With CorpRebel, but my reason is both age and level of income. Barring that having a good system should lessen the stress and prehaps this is one place(dealing with tax forms) to have it done.

[Marc Meole]

[Oregon Coast Guy]

[Lady O]

This will be my first time doing my taxes as a self employed person. I have to admit that I am scared now last year I did work outside the home for only three months for a temp agency. After that it was all on my own. If anyone has any suggestions I would greatly appreciate it.

[Oregon Coast Guy]

[Bonnie Lowe]

[Oregon Coast Guy]

[MunnyMaker]

I used to volunteer with the IRS... I helped ppl with their taxes! Used to have folks who would come to me crying from the stress.

Preparation and education are the best antidotes for tax stress!!!

[Alan Petersen]

I left my corporate job in March of 2007 so this is my first go-round as a full-time self employed-so I'm sweating bullets a little figuring it out.

[Cynthia]

I'm not jumping for joy. Somewhere near sweating bullets I guess.

I am a terrible record keeper. I file email receipts in folders and have a single 2007 file in my desk where I place all physical receipts I collect. When the time comes I sit and go through all of that and compile my expenses lists.

I do a manual file downloading and printing off the forms from irs.gov. I pay electronically and send my return by mail.

I'm thinking to check out an online filing service this year. Turbotax maybe.

Lynn, I seem to recall you saying that you do your own books. I assume you file for yourself too. Do you? What's your process?

[ChristyK]

[MunnyMaker]

[Lynn Terry]