Finally did our taxes. Just barely went over the standard deduction and was a few hundred dollars over the SALT cap for deductions. Our tax liability is significantly lower this year, but I also made a good bit less in 2019 due to a number of reasons.
Incorporating household employees (nanny) into our tax return is annoying if for no other reason I get to see those dollars get taxed every time they change hands (i.e. when I earn the money and then again when I give it to her). We pay a premium for payroll admin and it is 100% worth a couple hundred dollars a year so all her W-2 and whatnot are prepped for me.
Also, AMZN is kicking ass the last four days when most of the market has alternated. I think people are buying because it's cheaper but also because Amazon is to COVID as Home Depot is to hurricanes. Earnings may be through the roof.
Incorporating household employees (nanny) into our tax return is annoying if for no other reason I get to see those dollars get taxed every time they change hands (i.e. when I earn the money and then again when I give it to her). We pay a premium for payroll admin and it is 100% worth a couple hundred dollars a year so all her W-2 and whatnot are prepped for me.
Also, AMZN is kicking ass the last four days when most of the market has alternated. I think people are buying because it's cheaper but also because Amazon is to COVID as Home Depot is to hurricanes. Earnings may be through the roof.
'76 911S | '14 328xi | '17 GTI | In memoriam: '08 848, '85 944
"Here, at last, is the cure for texting while driving. The millions of deaths which occur every year due to the iPhone’s ability to stream the Kim K/Ray-J video in 4G could all be avoided, every last one of them, if the government issued everyone a Seventies 911 and made sure they always left the house five minutes later than they’d wanted to. It would help if it could be made to rain as well. Full attention on the road. Guaranteed." -Jack Baruth
"Here, at last, is the cure for texting while driving. The millions of deaths which occur every year due to the iPhone’s ability to stream the Kim K/Ray-J video in 4G could all be avoided, every last one of them, if the government issued everyone a Seventies 911 and made sure they always left the house five minutes later than they’d wanted to. It would help if it could be made to rain as well. Full attention on the road. Guaranteed." -Jack Baruth