I'm terrible at recordkeeping for expenses,so I don't take all the deductions to which I am entitled. I don't take a home office deduction, I don't deduct my cable bill, and many office supply receipts get lost. If this costs me an extra couple grand per year, I figure I spent maybe $75 / hour or less to watch TV, party, etc, instead of recordkeeping. It's worth it to me.
I can't stand being organized, although I do enjoy learning the tax law and understanding it. Ask anyone who knows me about the state of my home office and you'll get a great laugh.
I can't stand being organized, although I do enjoy learning the tax law and understanding it. Ask anyone who knows me about the state of my home office and you'll get a great laugh.

