Who is the Butterfly?

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Just a mom trying to make life better for herself and her son. "The most beautiful of stones have been tossed by the wind and crushed by the water and polished to brilliance by life's strongest storms."

Sunday, January 30, 2011

I declare a new holiday!

Merry Taxmas!!

Yep, I said it.... people have thought it, but I claim the first declaration of Taxmas Season.

What is Taxmas?
Let's face it, times are super rough right now for everyone with an income below $100,000.  But chances are, if your below the Federal Poverty Guideline, you REALLY hurt around Christmas time.  Right?

So what do you do if you have children?  You make it up at income tax return time!!  Hence....  Taxmas!

Ever since I gave birth and was able to claim my son on my income taxes, it's been this way.  I never really recognized it until the last few years when the holidays proved to be extra disappointing to him.  Bless my son tho, he never complains, is always grateful Christmas morning and I believe understands that I would love to give him more, but am just not able to. 

The answer......  Taxmas!!!

And even though Taxmas officially starts sometime in January (when some lucky folks get their W2's) and lasts clear to the middle of April (Tax Deadline is the 18th this year, woohoo!!), it is personalized to your anticipation date.  Typical wait time is now about 8-9 days, depending on where you go to get them done and how you file.  When that check arrives or your direct deposit clears, don't you have that feeling of bliss, just like Christmas?  Your initial reaction is to go out and just blow it all on junk, or pay off some past debt (possibly Christmas shopping debt?).  If you are smart, you create a very reasonable budget for your returns, this much goes here, this much goes there and so on.

But I guarantee, someone in your household gets something new, be it toys, clothes, cars, electronics, etc. 

So whether you believe in the REAL reason of the season, or you just make up for it later on....

MERRY TAXMAS EVERY ONE!

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