Sunday, January 31, 2010

TAX EXTENSION

Well, I did it again, as I have for the last 10 years. I have requested a tax extension from the IRS. In 2000 when my son and three friends needed money to start a hedge fund, I gave him a few thousand dollars to invest in the fund. The fund did very well and I happily made a very good return on my investment.

However, every year on March 31st, the day before the tax-filing deadline, my son’s company had still not sent me the Schedule K for me to complete my taxes. Actually, I didn’t care. I simply filed a tax 4868 form for an extension so that I could wait until October 15th to send my tax return to the government. In 2007, I withdrew my money from the fund and thus no longer needed to file my taxes late. Nevertheless, I have become accustomed to postponing my taxes and so, I just continue to file late every year.

By Hannah --www.FunnyPhotosContest.com a photo contest for cute or funny photos and photo captions.

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