Check "clearing" for the nth time

[j-c-c-62]

I have a great tax man, reports everything and I get a refund check every year........... Go figure.

A real good tax man would not allow that every year.

 

[YY1]

Now that I agree with.

Actually better to pay a little every year if given the option.

Especially now that IRS will no longer be issuing paper checks.

I don't care for them to have a hand in my bank account.
If they want/need it, they can work for it, but I'm not just giving it.

 

[Hey-O]

A real good tax man would not allow that every year.

I've been doing business like this all my life, I'm doing just fine. My accountant, like my lawyers, have been with me from the start.

 

[j-c-c-62]

Annual repeated tax refunds are usually an indication of lax tax planning, in that offering the government annual loans essentially interest free is financially ill advised.
I am with you in regarding long term positive relationships with tax attorneys, speaking from own experience, however mine was not shy about noting he would gladly defend me until my last dollar.

 

[Hey-O]

Annual repeated tax refunds are usually an indication of lax tax planning, in that offering the government annual loans essentially interest free is financially ill advised.
I am with you in regarding long term positive relationships with tax attorneys, speaking from own experience, however mine was not shy about noting he would gladly defend me until my last dollar.

I have an extra 15 dollars from state and 7 from federal taken out monthly from my pension checks. Any money I receive from my investments is taxed up front Paying in is not my forte, them holding a few bucks doesn't bother me.

 

[kiwigtx]

A cheque is a promissory note.

100 % correct.

A cheque is given in lieu of cash for whatever reason. A cheque says I have the funds, but not the cash on me right now.

Promises should be kept, but we all know they are not.