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· Administrator
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I got my State refund yesterday. Filed 01/23. Fed is due Feb 13th. I withheld extra last year because I wasn't playing the "earn interest on the difference throughout the year" of a small amount of money. I'd rather get a refund or be flush at tax time.
 

· Administrator
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I gotta do mine , let the anxiety begin
😂 No doubt. I imagine yours are way more complicated than mine. I think my father in his 80's and 90's enjoyed the "project". He'd have chit scattered all over his little apt for weeks doing it all by hand, on paper. He didn't have any money, no real investments, no income outside of SS and some VA stuff. Also don't think under those circumstances he ever owed a dime or got any back.

Some little old lady that lived in the assisted living facility was a retired CPA and had a little tax review business. He always had her "look things over" for her "fee" of $35.00 or so. He was both old and left handed so I always figured some IRS person got his filing, looked at it, and then dumped it in the trash because his handwriting was worse than Chinese. 😂
 

· Chlamydia Kid
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12,837 Posts
Tax season always pisses me off. I have a significant extra chunk of federal withholdings pulled from each paycheck and still end up writing a big check at the end of the year to send off to the feds. Every year, with the help of my tax guy, we make some adjustments with the goal of breaking even and it rarely works out that way.

For you fellas that have an employee match 401k, max that thing out as well as your HSA, which is basically the only options I have to decrease my tax burden and it still isn't enough. My wife is self employed, so she has more options for business write-offs, but we both end up taking it in the shorts every year. :mad:
 

· Administrator
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Tax season always pisses me off. I have a significant extra chunk of federal withholdings pulled from each paycheck and still end up writing a big check at the end of the year to send off to the feds. Every year, with the help of my tax guy, we make some adjustments with the goal of breaking even and it rarely works out that way.

For you fellas that have an employee match 401k, max that thing out as well as your HSA, which is basically the only options I have to decrease my tax burden and it still isn't enough. My wife is self employed, so she has more options for business write-offs, but we both end up taking it in the shorts every year. :mad:
Other than you making doctor money I think the difference is my variable comp (commission) which comes in big chunks therefore withheld at higher rates at that time.
 

· Homey
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15,134 Posts
Tax season always pisses me off.
The tax code is a disaster, all courtesy of the swamp. I would LOVE it if the only tax rule was the swamp added up all expenditures, divided it by the number of people in the nation and sent out their tax bill, listing line item by line item such as (military, welfare, social security, etc) Then they could show each spending bill that was past and of course, their share of that.

When the useful idiots got their tax bill and it went up $21,000 (that is a real number) for each humanoid living in their household for just what Creepy Joe and the libs spent on pork, they might start paying attention. Oh look my blue haired, nose pierced lover, and mother of my children Willow and Sapling, we owe $25K in federal taxes and an additional $80K for the pork spending. Maybe funding border security for Whogivesacrapastan is not such a great idea.
 

· 1/2 Alien
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23,937 Posts
Beautiful. That picture looks like something out of a Robert Frost poem. I'd fight tooth and nail to keep that spot as an untouchable trillium farm.

How many acres is the Bo ranch?
I’ve gotten pretty involved and learned a great deal over the last couple weeks. I’ve talked with county and state leaders, local landowners, and economic development groups - both locally and state level.

I’m sad to say it appears to be all but inevitable. There’s plans in motion and a lot of money on the table.

Trying to figure out where I go from here. Weird to be considering moving on from a place that my dad grew up on, that I took over from my grandparents, and has been in the family since the 60’s.
 

· Administrator
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I’ve gotten pretty involved and learned a great deal over the last couple weeks. I’ve talked with county and state leaders, local landowners, and economic development groups - both locally and state level.

I’m sad to say it appears to be all but inevitable. There’s plans in motion and a lot of money on the table.

Trying to figure out where I go from here. Weird to be considering moving on from a place that my dad grew up on, that I took over from my grandparents, and has been in the family since the 60’s.
Bummer dude. I don't know the details, layout, etc. but if I owned 15 acres of wooded property and the Industrial park wasn't in clear sight or visually/audibly a headache and it was family property, I might well stay. If it brings further encroachment in the coming years, might be worth more before you pack up?
 

· 1/2 Alien
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Bummer dude. I don't know the details, layout, etc. but if I owned 15 acres of wooded property and the Industrial park wasn't in clear sight or visually/audibly a headache and it was family property, I might well stay. If it brings further encroachment in the coming years, might be worth more before you pack up?
There’s a lot to think about. It’s more than the industrial park. Think thousands of acres of solar fields too. And multiple industrial projects. It’s much bigger than I originally understood.

It’ll be close, but not kissing close. My almost 40 acres will be mostly out of harms way but things are gonna change in a big way. I posted earlier a pic of around my place, it’s empty right now. Stone silence, and a sky full of stars at night. That’s going away.

A lot of long term family farms around my place will be closing the gate for the last time this week and will be holding ceremonies. We’re talking 100 plus years shutting down for the last time.
 

· Administrator
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There’s a lot to think about. It’s more than the industrial park. Think thousands of acres of solar fields too. And multiple industrial projects. It’s much bigger than I originally understood.

It’ll be close, but not kissing close. My almost 40 acres will be mostly out of harms way but things are gonna change in a big way. I posted earlier a pic of around my place, it’s empty right now. Stone silence, and a sky full of stars at night. That’s going away.

A lot of long term family farms around my place will be closing the gate for the last time this week and will be holding ceremonies. We’re talking 100 plus years shutting down for the last time.
I get the disappointment and dilemma. Know you love that place even though most of the deer are smarter than you.

Is pretty devastating affecting that many families. You must also be close enough to civilization the land value will continue to grow. It's not about the money but I can say the Plond owners family farm (owned by my buddy's grandparents who raised him in the farmhouse) went through a similar ordeal and he bought them out early in life so they could go to rest homes with the proceeds while still financing is house in town to raise a family.

All to say...in the end, the proceeds and land appreciation let him move to his dream spot in Colorado, buy some rental homes, etc. in his late 50's.

But his final sale of the last 7 acres of a once 600 acre farm was tough emotionally. Only thing constant is change when it comes to property. Sucks.
 

· Administrator
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Yeah. Not sure what else to say.
Understood. One of those life things you don't solve but have to muster acceptance of. All I can say is the older you get the better a gentlemens farm sounds and 40 acres, especially treed, is enough to do that if you want.
 
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