Up-to-the-minute advice, information, resources, and, on occasion, commentary on federal and New Jersey state income taxes, and the various New Jersey property tax rebate programs, and insights and observations on tax policy and professional tax practice, by 40-year veteran tax professional Robert D Flach.
Monday, May 9, 2016
THE THREE STAGES OF TAX FILING SEASON
Psychiatrists and psychologists tell us that there are 7 stages of grief.I have always felt there were three stages to the tax filing season.
Stage One:There is plenty of time.Bring on the 1040s and keep them coming!
Stage Two (mid-March):OMG - there are so many returns to do and so little time left.I will never get them all done on time.What am I going to do?
Stage Three (the first week of April):F**k it.I am not going to worry.If they get done, they get done.If not, they get extended.