They're due tomorrow. I pay them. However, I do so reluctantly. I mean, really, I have to pay early for what reason again? Oh yeah, so that the Uncle Sam can take my money and go on Icelandic golf excursions. Because, you know, for some Senator's, Iceland is the final fronteir as far as golfing goes. Did you know that if you don't pay your estimated taxes on time, that you're actually fined? The fine however, is only a couple hundred bucks, a small price to pay when you can take your say, $5,000 in estimated taxes and invest it in some Icelandic golf ball manufacturing company, and make made scrilla, to cover the fine, and then some.
Of course, since I'm only eleven, I'm making most of this up. But I'm sure that there are some elders out there, how much have y'all had to pay in taxes? I'm willing to wager that no one will be my first year of marriage tax bill...
niko says,
well, being a realtor i can speak to your quarterly prepay tax dilemna. The truth is that the fine are actually highest on the 1st two prepayment misses, April & June. So if you are going to skip a prepay or two skip Jan and Sept. Also, I believe the fine is related to the amount you failed to prepay, thus your $5000 example is all fine and dandy.. but let's say your prepay each quarter is $25k. Well, now we are talkin some fines. And yes you can put it all on AAPL stock or GOOG but if you get caught in a downturn you are hosed 2 ways.
I mean, if you are really going to gamble on money you owe why not use your monthly mortgage $$ and put it in the stock market while at that same time paying the bill with a credit card that earns you rewards (like Southwest Visa or American (Sharper Image Toys) Express. Then you can take your one months stock winnings, pay off the credit card bill 40 days after the mortgage was due and have a free iJoy massage chair to sit in for the next time you buy your stock through ScotTrade at $7/trade with your mortgage $$.
All or nothing man.
Posted @ January 17, 2006hink says,
I like shiny things.
Posted @ January 17, 2006ysbl says,
Homer: Wait a minute, wait a minute, wait a minute. Lisa, honey, are you saying you are never going to eat any animal again? What about bacon?
Posted @ January 18, 2006Lisa: No.
Homer: Ham?
Lisa: No.
Homer: Pork chops?
Lisa: Dad! Those all come from the same animal!
Homer: Heh, heh, heh. Oh, suuure Lisa. A wonderful, magical animal.