Oh well

[prog]

Thinking about tax doom again, and how unperturbed I am by it, especially compared to the last time I screwed up tax stuff - only half a year ago, really.

Generally speaking, it's easy to say "It's only money" if all the following conditions are true.

• It's your money, alone.


• The time between your realizing your mistake and your having to pay for it is sufficiently long to avoid surprise and panic.


• The mistake is one that you need never make again, by way of a minor lifestyle change.

The change I must make involves creating a new bank account, and henceforth methodically shifting a third of each fresh deposit into it. It is not hard. It's even a little fun, if you're me.

Comments

[elphie.livejournal.com]

And paying your taxes late if necessary is not the end of the world, it just results in getting a crappy high-interest loan (around 14%) from the IRS in the form of penalties and interest. I've used this to advantage in managing the highly-variable cash flow of my poker playing business. As long as you communicate with them, the IRS is willing to give you all the time you need usually.