“This Must Be Thursday”

The Richard Riordan Central Library in Downtown Los Angeles

The entire quote is from Douglas Adams, author of The Hitchhiker’s Guide to the Galaxy: “This must be Thursday. I never could get the hang of Thursdays.” And that’s the way I felt when I was working full time in an accounting office. I never did get along very well with my boss (nobody could), so when he cut me back to two days a week, I saw that as an opportunity. I said, “Okay, I’ll work on Tuesdays and Fridays.” Those were days when our late tax manager worked, so my boss couldn’t use me as a highly unqualified ax manager, which he was not above doing.

One Thursday in June 2016, I took the Expo Line downtown and hung out at the Central Library on Fifth Street. Just by chance, I noticed that there was a regular Mindful Meditation session conducted by the UCLA Mindful Awareness Research Center (MARC), and I attended.  And I’ve been attending ever since. I read for a couple of hours in the Literature and Fiction Department on the top floor, and usually check out a couple of books. Then I go to Meeting Room A on the ground floor where the sessions are held.

In more ways than one, the Central Library has become a part of my life. I feel energized by these meditation sessions. Afterwards, I go for lunch either to the Grand Central Market on Hill Street, Little Tokyo, Chinatown, or Olvera Street. Then I take the Big Blue Bus R10 freeway flier back home.

So now I can say I get the hang of Thursdays. It’s one of my favorite days of the week. That leaves Mondays and Wednesdays for doctors’ appointments and miscellaneous explorations of this gigantic city of which I am becoming more of a part as time passes.

 

The Calm Before the Storm

 

Tulips at Descanso Gardens

Tulips at Descanso Gardens

Since the beginning of May, I have been semi-retired. Now, with the passing of our tax manager on Tuesday, I am being asked to come back full time—at least until the end of tax season. I had hoped to avoid another high-pressure tax season, but I pretty much had to agree to help out; else, I might have been forced to look for another job at my advanced age. So I can expect the next six weeks to be highly stressful. Life is like that sometimes.

But before I started in on the heavy-duty work, I decided to go to Descanso Gardens with Martine. The tulips were planted, and this was the first weekend of a two-=weekend Cherry Blossom Festival. Only some of the cherry trees were in flower, but the gardens were crowded, mostly with Japanese-Americans looking for an American equivalent of their own cherry blossom festivals. Fortunately, Descanso is large enough that one can easily escape the crowds and still find beauty.

The beauty of the tulips, and even of the lone lilac that came into bloom early, will help me in the weeks to come. Unfortunately, the tax deadline this year is Tuesday, April 18. That happens whenever April 15 falls on a Saturday or Sunday. This year it is on Saturday, and Monday is a holiday (Emancipation Day) in the District of Columbia; so, Tuesday is the tax deadline.

I’ve already filed my taxes, so at least I don’t have to worry about that.

 

Don’t Be Late Or Else …

I Take My Vengeance on Clients Who Bring In Their Tax Info Late

I Take My Vengeance on Clients Who Bring In Their Tax Info Late

This weekend, my ire is being highly concentrated on those clients who bring in their data late. The worst are landlords who own multiple commercial properties and who like to play with the numbers until the last possible minute. It’s a sort of game for them, and a misery for anyone who works in an accounting office.

Well, I took my revenge on one of the worst. I had to enter an occupation code and wound up entering “cattle feedlot operator”—but only because here was no code for people running houses of prostitution.

I hope the Department of Agriculture comes after this clown and asks him, “Where’s the beef?”

 

 

 

Why the Tax Deadline Is Next Monday

Talk About the Tail Wagging the Dog!

Talk About the Tail Wagging the Dog!

You may wonder why your taxes are due on April 18 instead of April 15 this year—even though April 15 falls on a Friday. You can blame it on (or otherwise, if you’re so inclined) the District of Columbia, a Federal District that is free of Congressional representation. (So lucky!)

They have a holiday each April 16 that commemorates President Lincoln’s Emancipation Proclamation. It is actually an international holiday and, in my opinion, probably better than most holidays. I mean, who gives a cracker about Columbus Day? The man didn’t discover America: the Icelander Leif Ericsson did. And both Memorial Day and Labor Day are a bit sketchy; but I am wholeheartedly for Emancipation Day. The freeing of the slaves is one of the few good things that have happened in world history during the last two centuries.

Because April 16 is on a Saturday this year, it is observed on Friday, April 15, where it is a widely observed public holiday. Consequently, taxes are not due until Monday, April 18. Due to this little quirk, together with an additional day for Leap Year, tax season is four days longer this year.

 

Keeping Track

QuickBooks Online: A Valentine

QuickBooks Online: A Valentine

I don’t usually have too much good to say about accounting—seeing that I’m kind of trapped in the profession for now. At the same time, I do believe that people should carefully take care of their own accounting. There are several reasons for this:

  1. If one keeps track of financial accounts and transactions on a regular basis, there is less chance of becoming susceptible to identity theft.
  2. I don’t know about you, but I don’t have trust in banks, so I regularly do bank reconciliations every month. I have spotted errors at least twice a year which I have had the banks rectify.
  3. Thanks to those same reconciliations, I know how much money I have at any given time.
  4. When tax time comes around, a nice detailed General Ledger report will make filling out your 1040 relatively fast and easy.

For my personal accounting, I used to use QuickBooks Pro 2008, which was stored on my home computer. About this time last year, I switched to QuickBooks Online, which costs me $19.99 a month. It’s worth it: My data is in the cloud, making it accessible from any computer with Internet access. And I no longer have to worry about the program becoming outdated, as the online program updates itself at frequent intervals.

There are a few wrinkles, such as occasional weekend downtime for upgrades and occasional bugs, which always seem to get ironed out within a couple of days. Still and all, I feel in better control of my own finances than ever before.

How To Survive Tax Season

Classical Music Is the Key

Classical Music Is the Key

Now that I am working seven days a week (at my advanced age), there are several methods I use just to survive to April 18. (Yes, that is the deadline date this year. Don’t ask why!)

First of all, I no longer listen to the news on the radio on my way to and from work—especially in a presidential election year, when the news is likely to be all bad. Instead, I turn the dial to KUSC-FM at 91.5 and listen to classical music. Bach, Mozart, Brahms, Dvorak, Bruckner, Wagner—that’s what I need to calm me down.

The last time some  guy tried to sell me a hip-hop CD on the beach, I told him I only listen to music by dead white guys who wore powdered wigs. And that’s not far from the truth.

My second coping mechanism is to read a good long book, preferably humorous. This year, that role is being filled by Albert Cohen’s magnificent Belle de Seigneur, which I am reading for the Yahoo! French Literature group. It is a near perfect selection.

It’s Over!

Finally, I Can Live a Normal Life!

Finally, I Can Live a Normal Life!

For me, April 15 means I can take weekends off, go visit my doctor and dentist, and not have to endure stress caused by selfish rich people who feel they don’t have to give us their tax data until April 14. I filed my own 1040 way back on January 31 and got my refund within two weeks. (Ooh, I just noticed the illustration above shows a 1040 from 2010. That should be good for some nice late interest and penalties!)

Today was particularly rough, as one of our accountants was sick and had to leave early; and the other one did not come in until 1:30 pm. Until his arrival, I was requested to pretend I was an accountant on doing an extension for a California Limited Liability Corporation, about which, of course, I know absolutely nothing. Although I work at an accounting firm, I serve as the office manager and data processing manager.

So at least it is done. I hope this is my last tax season. They don’t get any easier.