Bradley | Sep 13, 2019 | 0
Longing for Simplicity
Simplifying in any way is progress.
I run an S-Corp. That’s S-Corporation. I don’t know what the “S” stands for except I think it means “sub chapter s” whatever “sub” and “chapter” and “s” stand for. But I don’t know because I don’t care. I still have the S-Corp, but maybe it’s time to let it go. Maybe that will simplify things.
Can you tell I just got off the phone with my accountant?
We talked about Quick Books and then S-Corp and sub-contractors (5600) and uncategorized expenses (Total 6000 OH) and liability and insurance and passive income and … we talked about dissolving the S-Corp and going simpler (simple sole proprietor). No more payroll, payroll taxes, no fees on the payroll taxes, no mismanaged bookkeeping to account for the fees on the payroll taxes on the payroll.
It’s just too much. I used to think I liked accounting back when I thought it was the same thing as math (because I actually love math). But it’s not. It’s like Chinese and Japanese: to the untrained eye, it looks all the same, but once you’re in it, you realize it’s apples and oranges.
I used to do my own taxes. I used to think it was fun. Who was that masked man? It’s no longer fun. I want it to go away, I want it to be simpler. I want most things to be simpler.
Simplifying in any way is progress. I’m in.