Tax Preparation 2018

in life •  10 months ago

We spent a whole day this weekend working on our year-end inventory and tax preparation. It’s our understanding that some small businesses like to play it “fast and loose” with their numbers, but here at Working Class Publishing we live with the understanding that at any moment the government can come and tear us apart at the seams. The only way we know how to defend against such attacks is detailed and fastidious accounting principles (exciting!) While we dedicate time weekly to our accounting, there is just something tremendously stressful about preparing documentation for the government to review.

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Coming from a Literature background, however, this is not as easy at it sounds. As we pour over a year’s worth of revenue and expenses, balancing numbers with book counts, and downloading scientific calculator apps, there’s more than our fair share of obscenities in the office.

So for those of you that thought independent publishing was a non-stop whirlwind of parties, beautiful people, and classy cocktails served by well-dressed people, here is a reminder that sometimes you’re just in a basement moving huge stacks of books in order to do basic math.

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But since we are the bosses around here, there’s no one to prevent the post-inventory decompression/ celebration. They can take our money, but they’ll never take our cocktails!

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hey so nice I really like your post! Thanks for it! I actually wrote my 2nd part of my introduceyouself and I write about that I went to jail because of cryptos... lets make steemit together to a better place with our content! I would like to read a bit more about you and maybe do you have some more pictures? Maybe you upvote me and follow me swell as I do? https://steemit.com/counterfeit/@mykarma/2-jail-review-counterfeit-euro-speeeeending-time

Small business taxes are awful, especially when you have to account for EVERYTHING. Hope you guys have good tax write offs. And Godzilla(IRS) don't come traipsing in.

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I know, why EVERYTHING?!?!?! Hahaha. Thank you :)

I love the Thompson for Sheriff poster! That's not an original is it?!?

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Thank you!!! Not an original. A friend made it for us a while back :)