Tuesday, June 22, 2010
HAPPY EOFY
No I’m not trying to flog you some unnecessary Foxtel goodness. I’m wishing you a Happy End of Financial year.
For a living, during the day, I prepare tax returns. Now, now, don’t go all Justin Bieber fanlike and mob me, I know it’s pretty awesome.
But to be honest, the beginning of a new financial year in an Accounting practice is actually quite exciting. For one, we get REALLY busy. And for two, we, um, get to use our mad tax skillz and get people massive refunds. Sometimes. Not always. Please don’t hate me....
I joke, but I’ve been at my current job for nearly ten years. I’ve been in the tax game, with a small break in transmission here and there, for 18 years.
But I’m guessing like anyone who’s ever worked for someone, it’s only a matter of time before you realise, it’s not about the work you do necessarily, but the people you work with. I’ve worked at a few dodgy places. Some where the principals idea of preparing journal entries was sticking his hand down your blouse (he didn’t actually crack on to me, but I was warned several times to be wary) and another where the guy was masquerading as an accountant, solicitor and a real estate agent combined, and was prepared to pay me the big dollars to shut up and just go with it. Hmmm, no thanks. Funnily enough, after years of watching Prisoner, my desire to have my head slammed in an ironing press and to become the prison wardens bitch wasn’t high. So I quit.
That aside, after working for a wonderful boss, I’ve learnt quite a few things in my time that might just help out the uninitiated with preparation of tax returns and the like this year. Having said that, this information, to the general population will be (as Alf from Home and Away would say) stating the flaming obvious.
Keep your receipts!!! Far out, the amount of people who come in and tell us that they want us to get them “most of their tax back” and then give us fuck all in the way of receipts, just astounds me. Hang on there young fella, I just need to grab my magic wand and conjure up some kind of mystical law-fucking spell that allows me to do that. We need to see evidence. End of story.
Don’t listen to the Pub Accountant. A few beers, a few peanuts and the advice starts to flow. “My mate Johnno gets all of his tax back EVERY SINGLE YEAR”. That’s because he claims his pool, and his married mans tax and he says he works from home and claims his whole house as a tax deduction. OH REAAAALLLY? It is so incredibly dangerous to listen to this shit. What you’ve got to understand, is that your accountant will be doing their damnedest (well the good ones anyway) to get you the best, legitimate tax outcome. That way, you can recommend them to others. Why on earth would we be trying to get you the shittest refund in history? Do you think we enjoy death threats? Let me tell you from experience, we don’t.
Don’t smoke heaps of pot before coming into see your accountant. I really don’t think I need to elaborate.
We are not the enemy. In fact, we work for you and not the tax office. But, we do have to use their laws and guidelines. Please don’t treat us like bits of shit and tell my boss that you hope “she dies over the weekend” because Child Support took all of your refund. Not cool.
Your refund will take 14 days. Not 10. Not 7. Especially, not 4. Please don’t keep ringing; we will contact you the minute it arrives in our letter box. This has been especially hard since the Australian Taxation office implemented a new software system that completely shit itself in December last year. Think QLD health pay bungle and multiply it by 5. Yep, that fucked. Hoping to hell it’s fixed by July 1.
Last but not least, if in doubt, ask!! The old mantra there are no stupid questions, only stupid answers, totally applies here. However, if you do not listen to the reasonable answer you are given and just continue on to be a fuckwit, I reserve the right to hang up on you. OK, so, sorted?? Good.
Happy EOFY everyone and best of luck with the tax man.
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23 comments:
Well, thank goodness for people like you. Numbers simply make my brain freeze, and if my sister didn't prepare taxes for a living, I might have to hunt you down to do mine. ;)
You know, I really didn't picture as an accountant, Bern. I think my blog crush has just been shattered. Smithereens. No refund. :)
I say There are no stupid questions only stupid people...
Tee Hee! I've never read such an entertaining article about taxes!
Ooohh, yes, the hanging up bit is such a pleasure. I worked with money for many many years and there is nothing as unreasonable as a person and their money, the questions are unreal. Yes, you spent it, no I can't refund you, you SPENT it!! (I worked in a bank). Jen.
Yay, thank you for providing further evidence that it is possible to work with numbers AND write. Why do people express surprise at this all the time? I don't know.
And, um, can I write off my blog...?
I should clarify, am not an accountant :)
Oh no Maxabella, I can make it up to you with some good ole government bashing!! Does that turn you around??
Kristen, not familiar with the US tax system, but seeing as we here, there's beer and nuts, Sure!! Write off your kids school shoes too :)
Thanks for comments :)
Interesting! I had an accountant for years - just started using them because my Dad did.
Last year for the first time I did used eTax - got slightly more back, and then didn't have to pay the accountant $250.
It's hard, because I would like to go to an accountant who maybe has specialised knowledge of the media industry - I'm sure there are more things I could be claiming but I don't know what they are. Let me know if you do! Could make a trek down. :)
My accountant doesn't ask to see receipts - is that dodgy??
Haha great advise maybe i should listen to it..we dont keep a thing! i hate clutter!
Hilarious, who knew you could mention tax and be funny at the same time? Am still giggling at the thought of a wand and law-fucking spell.
Shit....where did I put my receipts?
You watch Home and Away???
I got my tax refund last week...$1.00. No, unfortunately the decimal point is in the right spot. I shall take my $1.00, put it in a parking meter and will be able to spend 17 minutes in a cafe. I also received my accountant's bill, that was significantly more, like 264x more.
At least I don't OWE money to the tax man.
N x
This just goes to prove, once again, that Bern, no matter what the subject is - you can ROCK a blog post!
Loved it. xxx
I hate tax time. The money I make from my writing and private practice during the year that comes straight to me? I ALWAYS forget I owe the government some. Been doing this for 15+ years, specialise in memory, yet can't remember that. It seem unfair to be a writer and to have to pay tax, somehow.
oh gawd I HATE those stupid pub tax experts - "just write it off". Whoa got a big elec bill "just write it off", claim your car - "just write it off", I need new shoes "write it OFF". For fucks sake some people think writing in off means you GET IT FOR FREE...
rant over
Does this mean I can turn up on your doorstep with a box full of random receipts? I hate tax time!
Sorry, that was me above.
I remember years ago my mother getting a tax return sent to her in the mail. Her cheque was for 24c. Yep, twenty-four cents. The stamp on the envelope cost more. Lol!
I've just been using etax for the last couple years, it's heaps quicker for me. I don't care how much I get back as long as i don't owe anything ^_^
Guilty of throwing out every receipt, then frantically trying to find them 1st July.
At least I didn't work this year (thank you baby!) so I don't have to worry. Let the husband try to find the receipts for a change.
People smoke heaps of pot before going to see an accountant? Are we getting that stupid?
Really? the pot? wouldn't have thought that would be a big problem when coming to visit your accountant. you'd think people would want to be of sound mind for those conversations. lol
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