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Dreading Tax Season

Every year around this time, I start getting nervous. The fear of getting audited constantly crosses my mind. No accountants around me have a clue about internet marketing. It really is a special niche that most have zero experience with. This is the conversation I had with the last 3 places I called:

ME: Hi, I’m looking to chat with someone experienced with internet marketing income to help me with my taxes.
ACCOUNTANT: ohh, so you run a store?
ME: No, I get paid 1099-misc by many 3rd parties for running their ads and marketing for them.
ACCOUNTANT: Wait, you make money without selling anything?
ME: Yes, I run ads for them on my forums, blogs, and other websites promoting their products, services, etc, of which I get a cut if there’s a sale or a click, depending on the type of ad.
ACCOUNTANT: So you don’t have an inventory?
ME: Thanks for your time.

While I’m sure they are smart with numbers, I simply can’t trust in good faith someone who doesn’t have a clue about the type of business I’m in to make the best business tax choices for me.

On top of all my web income and expenses, I also work W2 with a ‘real’ 9-5 type job. Then, there’s my 401k, my stocks that i’ve bought, sold, and earned dividends on, bank account interest, mortgage interest, my local/state income, property, and car taxes, the percent sq.ft of my dedicated office on my house that I get to write off for a business expense and so on and so forth. At the end of the day, my taxes suck.

To make matters worse, I have an ever-growing pile of tax forms on the floor of my home office.

Tax Forms

The worst part is that I’m still expecting a couple forms in the mail.

Do you dread Tax season as much as I do?

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New Toy for the Office

Christmas is coming, and so is the end of the year. I need to spend some money on my business so i don’t get taxed to hell like I did last year. So, I upgraded my office computer.

I’m currently working on a 2yr old HP dv8000 amd turion laptop. it’s had its hay day. The video card on it keeps over heating. I guess it wasn’t meant to be on for nearly 2 years straight. The only time it was off was when i moved, and when we lost power for longer than the battery would last (i don’t even think there was more than one time that happened)

I hit up new egg for a new tower. Back to the tower. Why? Well, I never used my laptop as a laptop at all in the first place. And it’s still good, so i can take it with me on business trips or whatever…. just can’t do anything that requires a lot of video memory like watching movies without it crashing. So, new desktop it is.

Parts coming include vista ultimate, Q6600 quad core processor, 2gb ram, 8600gt video card, dfi T2R (or is it TR2.. i forget) board and a bunch of other random goodies.

With it, I ordered a monitor. I’m still waiting on my parts to build the tower, but the monitor showed up today. Go big, or go home! The Samsung 30″ now sits on my desk. It’s unbelievably huge.

My measly 17″ widescreen laptop on my desk, with my MAudio BX5 powered studio monitors.

laptop - before

With the new 30″ behind it, waiting patiently…

samsung 30 inch monitor

Can’t wait to try this bad boy out!!

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It’s My Birthday, and I’ll post if I want to :)

It seems like only yesterday that I was sitting in my parents house on a Win3.1 box with 8 MB of ram that cost 5 grand, on AOL v1.0 playing Minesweeper. The reality of it, is that was merely 10 years ago. Computers have changed so much in these past years, and looking back at myself, I too have changed.

While I’d like to think that I’ve become cheaper to own, easier to operate, and can do more things, I think I’d just be kidding myself. At least on the first two.

It’s fun to check your mail on your birthday. Of course, all my friends didn’t send me anything, but every forum I’ve ever registered at did. Half of them, I didn’t even realize I had an account on. I must’ve gotten 30-40 emails from random sites that I don’t even remember registering at.

Perhaps this is a marketing lesson. Send birthday emails out to everyone who hasn’t logged in in over 6 months 4 times a year. Sure, you’ll get the “hey, its not my birthday” responses, but it will remind them that they have an account there, and maybe re-spark an interest that died or slipped the mind.

Anyway, time to party (yeah right, Its 3am on my b-day morning, and i’m working 🙁 ).
27… damn. I’m old 🙁

-B