They always get you………..
So, I went to my accountant today to get my taxes done. Well, let me back up. Two days ago, I received a 1099G, this is the amount of your state tax refund from the prior year. They are “so nice” to send this to you, you know why? So that they can make you claim it as income and they can tax you again. Wow, it was bad enough the first time around, but the second, well I was not happy. It gets better……
So we continue on, and my accountant reminded me that since California is in such dire straights due to our budget problems, “YOU KNOW THEY WILL BE ISSUING I.O.U’S FOR TAX RETURNS” Are you freakin kidding me. Now, last time I checked, if we don’t pay our taxes on time, we are charged interest daily, and it adds up fast. Does it work they same when they owe us, when they are using our money to pay their bills, since they couldn’t get a budget passed? Well the answer my friends is NO! We will get our money when they decide they can afford to give it to us, and then remember they will be kind enough to send you that 1099G again next year so they can tax you again.
We seriously need a revision to our tax laws, I’m calling OBAMA! Oh wait, I’ll call Timothy Geithner, he is really good with taxes =)
