Tuesday August 10th, 2010 - Chicago, IL
I have a new show business goal. I would like to be the first entertainer in history to get a reputation for having his income tax situation not only clean, but immaculate. For every Wesley Snipes, Willie Nelson, Redd Foxx, Joe Louis and so many others, Iāve personally never heard of anyone whoās on top of it year after year. Iām sure there must be, but who?
For me, itās been a life long pain in the I.R.- ass. A flair for math has never been one of my talents and my organizational skills are even worse. Saving fifty cent toll road receipts for months in an envelope to add up in April has never crossed my mind as a fun activity.
I know itās a necessity in life and especially in my own business as an entertainer so itās to the point now thereās really no excuse at all. Iāve had a lifetime to master this but I feel no closer to having it aced now than I ever have. I was maybe halfway decent for a couple of years, and they werenāt even in a row. Depending on how goes my mood, so do taxes.
This year, Iāve really let it hit the skids. I thought I was ahead of the game and had a big head start, but now I canāt even find my files at all. Iām talking about for 2009, as the IRS is sending me multiple letters telling me they havenāt received my 2008 return, which is a mystery because I paid my accountant to do it as I do every year. Somehow, itās been lost.
I really didnāt need another stop to make before heading out to sea, but I went to see my accountant to hopefully clear this all up. He showed me my return from 2008, and I donāt owe the government any money. He made a copy, I signed it, and he said heād send it out.
Heās a very laid back soft spoken guy, and pretty typical of what one would think to be an accountant type. Heās very Jewish, but thatās a good thing. I donāt want an accountant whoās half Swedish and half Jamaican. Give me a Jewish guy to handle my tax situation. Iāve trusted him now for probably ten years or more, and he knows how flighty I can be.
He pointed his finger at me and said āNO false promises this year, Mr. Comedian. Get yourself a better system of keeping records. You know what you have to do - now DO it.ā Heās so right. I just wish it was that easy. For some reason I seem to have a mental block. I always say Iām never going to let this happen again, and then it does. Iām embarrassed.
I fly out at 6:20am tomorrow, and I come back next Sunday for two days before doing it all over again. He told me to bring my paperwork in Monday or Tuesday and said itās not doing anyone any good to keep filing extensions every year. Heās right, but I guess I feel I get a little reprieve from the government or something by doing it, so I do. Itās a crutch.
Little does he know, when I got home I wasnāt able to find my paperwork for the life of me. Iāve moved everything around countless times recently as Iāve been clearing out all of my sports cards, sorting laundry, whatever. I obviously had to have put them somewhere, but I sure couldnāt find them today, no matter how hard I looked. Iāll find them when I get back, and take them in and get it done like I always do. But I really need a better system.
Tags: Redd Foxx