“It Was the Best of Times, It Was the Worst of Times…”
This tax season which (really) started December 2019 and just ended Wednesday, July 15th as we e-filed the last of the 2019 personal tax return extensions gives new meaning to the quote from A Tale of Two Cities.
While drafting the polling questions for our week’s NCCPAP tax and accounting live stream seminar which is focused on individual and business tax consequences of working at a “home location” in a state or city which may be different then your regular work location (I am the current Education Foundation President) and I tried to add some levity:
#1 This tax season was the:
- Easiest ever
- Worst ever
- Longest ever
- None of the above
- All of the above (“It was the best of times, it was the worst of times…”)
#2 The 2020 tax filing season was a great experience because:
- I learned to work remotely
- I set up several new processes that I will continue to use
- I hate my family and didn’t have to be bothered by them until mid-July
- I hate my staff and co-workers and only had to deal with them on a limited basis
- None of the above
- All of the above
#3 I enjoyed working remotely for the past few months because:
- I saved money on travel/gas
- I lost weight by eating less junk food
- I started working out and feel better
- I like to wear my P.J.’s or sweats to work
- None of the above
- All of the above
Seriously I think most of us would answer all of the above to most of the questions.
Right now though I Want & NEED to give a huge virtual shout out to my amazing staff who:
- gave up several family vacations which had been planned months in advance,
- asked friends and relatives to provide childcare,
- moved to a friend’s home for improved quality of life,
- gave up seeing the sun for three (3) extra months.
- helped create new processes for working remotely,
- supported our business clients with their EIDL and PPP loans while working remotely,
- tracked key expenses for our business clients so we can help them apply for loan forgiveness while working remotely,
- stayed connected to each other and our clients via: video chat, re-routed office phones, personal cell phone texts and calls, and emails,
- edited the many blog posts and published articles I wrote
Our firm has many favorite saying’s three (3) of which are appropriate for how the pandemic affected us and the way we work:
- “It’s not a problem, it’s an opportunity”
- “Every day that I learn something new is a good day”
- “Start with the end in mind”
I also Want & NEED to give a huge virtual shout out to our wonderful business clients and individual tax clients who were so understanding about our challenges with working remotely and now working in a combination of remote and staggered office time.
Thank you all, I really appreciate you!!!!!
Here is the link to register for the July 22nd seminar in case you are interested in how working from your vacation home or other location may affect your 2020 tax filing.
I am so grateful that I am able to take some “me” time in a beautiful setting. After my run on the morning of the 16th, I actually sat on the ramp to our beach and texted out photos to my kids (in Atlanta and Michigan) and staff. I also wanted to share some of photos I took during my morning run on the beach with you.
