Yesterday, I had a much-anticipated meeting with my accountant /s
Aannnnnnnnnnd the results are in:
I’m paying more taxes this year than I ever have. Being self-employed and having my own business means that my tax bill comes due in a lump sum. And it’s quite high this year.
Now, I’ve spoken to some family members and friends about my rather large tax bill, and have received two different “stories” from them:
Some congratulate me, the higher tax bill being a sign of how my business has blossomed. While others were, quite frankly, shocked that I had to pay so much.
And you know what?
Both groups are kinda right.
The former group is right because, despite the government stealing the money I earned fairly, having your best year should give cause for celebration.
The latter group is right because, damn it sucks to have so much money stolen from you in a large lump sum.
It’s caused quite the internal battle in your humble narrator’s head. I despise taxes. The government has done nothing to help me or my business. And the way I see it, the more money you pay in taxes, the more ammo the government has to, well, distribute evil throughout the world.
But it’s also a test of my abundance mindset, which sounds like guru-y hogwash. And while it is guru-y hogwash to a degree, there’s also a kernel of truth innit.
Quite frankly, it’s also a bit of a relief knowing that I have the funds to cover my taxes and prevent myself from being locked in a cage for not paying.
But it’s also annoying. My tax money would be better spent elsewhere. Even literally lighting it on fire would give me a more “fun” way to spend it.
Alas, it’s going to be sent to the US government soon to use how they please — which, almost always has some kind of evil and nefarious use.
Nothing I can do about it now.
Which brings me to the point:
Mo’ money mo’ problems.
You can’t avoid the problems that come with more cheddar cheese in your pocket. You can either let them consume you or figure out a way to replace the income you lose from problems arising.
I’m picking the latter, and encourage you to do the same.
But a fair warning: Whether you “study” my emails to improve your copy chops or you hit reply to work with me.
You’re gonna make more money, which will probably cause more problems (one of which could mean higher taxes).
But it’s okay. If we partner, we’ll make that money back 100 times over.
Alright, rant over. I gave this enough thought for this year. I won’t give it much thought until tax season next year.
(Lesson in there)
Otherwise, I’ll catch you back here tomorrow.