RedDog
03-31-2004, 08:42 AM
I hope this is not too political of a statement for the Board -
Since I am self-employed, I must make quarterly estimated tax payments. One quarter last year cash flow was tight so I paid significantly “light” compared to my estimates. Well I assumed I would get hit with penalties and a tax due bill when the final tax preparations were completed. Well nooooo, thanks to President Bush’s tax cuts I am actually still due a refund this year in spite of what I originally thought would be an under payment.
While I am not about to claim the tax rates are low enough yet, the lower rates do help around my home – and I am NOT one of the so called rich!
:party: :beer:
Since I am self-employed, I must make quarterly estimated tax payments. One quarter last year cash flow was tight so I paid significantly “light” compared to my estimates. Well I assumed I would get hit with penalties and a tax due bill when the final tax preparations were completed. Well nooooo, thanks to President Bush’s tax cuts I am actually still due a refund this year in spite of what I originally thought would be an under payment.
While I am not about to claim the tax rates are low enough yet, the lower rates do help around my home – and I am NOT one of the so called rich!
:party: :beer: