Sunday, May 9, 2010

Good News and Bad News

Good News/ Bad News #1
I got a notice from the county tax assessor the other day saying that we would owe less property taxes next year because our homes value had gone down by about 12%. At first I was excited. Let's face it; less taxes is nice. Then I was slightlly concerned. Did that mean we could even get what we owe out of our house if we tried to sell it? Good thing we don't forsee moving anytime soon.

Good News/Bad News #2- In which the helpful IRS agent turns it into all good news
I got a notice on Thursday that we owed the IRS an additional $2,000 +. This is on top of the money withheld and the money I sent a check for back in March. So I panic and then carefully read the documents that came with the notice. Turns out I forgot my kids SSN on the first page. So I call the 800 number expecting a rude IRS employee to tell me it will take forever and three forms to get the matter resolved and in the mean time I am still responsible for the two grand. Instead I get a very friendly IRS agent who has me verify some information and give the SSN. He then put me on hold then came back and said my 1040 was ammended and I wouldn't owe anything. Then he asked me if I wanted to take a deduction that I hadn't taken for the kids. I didn't even know for sure what it was but I said OK. He put me on hold again and came back with the announcement that I would get about $800 in a refund. Go, IRS guy.

Now don't start thinking that I have changed my mind about the IRS needing to go and be replaced with the FairTax. But it is nice to deal with pleasant, helpful people.

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