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Chapter 8. Taxes: Don't Get Caught Asleep at the Wheel

Chapter 8. Taxes: Don't Get Caught Asleep at the Wheel

Here we are at the one chapter that makes everyone uneasy and anxious. Taxes. Everyone has a good tax or IRS story, and we're certainly no exception. One of the authors of The 60-Second Commute, whose name shall go unmentioned (she's the tall one), still gets a little jittery around the tax “subject.” Why do taxes stir up so much anxiety? First of all, tax codes are complex, and the forms could send you running for a Valium. If you're ever feeling particularly masochistic, visit the public library or go online to the IRS website and check out Forms and Publications. Your head will explode. Second, these folks at the IRS take accounting very seriously. On one occasion, Kathy had the opportunity to meet an IRS agent in a social setting. While she can't remember a thing the woman said, she will never forget seeing the size of the agent's badge.

Being afraid or nervous about taxes is a normal reaction, but that still doesn't let any of us off the hook. Grumble as we do, we all have to pay taxes to the federal, state, and local government.


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