Yippppiiiieeeee!!!!!

Discussion in 'Business Operations' started by tiedeman, Feb 6, 2006.

  1. tiedeman

    tiedeman LawnSite Fanatic
    from earth
    Posts: 8,745

    WOW!!! My accountant just finished up with my taxes. $2,700 refund coming my way. Actually, it will just be applied to my federal estimates for thsi year, so I really won't see any cash in my hands. I do not have to make a federal estimate payment until the 3rd Quarter of this year.

    That makes me so happy!!!!
     
  2. rodfather

    rodfather LawnSite Fanatic
    Posts: 9,501

    very nice troy...btw, what is a refund:confused:
     
  3. T.E.

    T.E. LawnSite Senior Member
    Posts: 799

    Troy, just curious as to how much "interest" the I.R.S. is going to be paying you on this $2700.00 you've loaned them? :D J/K
     
  4. tiedeman

    tiedeman LawnSite Fanatic
    from earth
    Posts: 8,745

    I know, this was my first one in almost 7 years. I was confused at first.

    Actually, I knew that I was going to get a refund, but never thought that much
     
  5. rodfather

    rodfather LawnSite Fanatic
    Posts: 9,501

    you might want to consider having your estimated quarterlies lowered then my friend
     
  6. tiedeman

    tiedeman LawnSite Fanatic
    from earth
    Posts: 8,745

    ya, 2005 quarters were extremely high for me last year
     
  7. 6'7 330

    6'7 330 LawnSite Bronze Member
    Posts: 1,822

    My accountant doesn't like the over estimated taxes, she says it raises flags with the IRS.
     
  8. Green-Pro

    Green-Pro LawnSite Bronze Member
    Posts: 1,420

    Yep, and I don't like the IRS using my money for free, refund is great if that is what your shooting for. Ideally I'd love to break even, but this not being the case I'd rather pay a little in than get any back.

    Anyway congrats on the refund, didn't mean to be a wet blanket :cry: :)
     

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