If It’s Not One Thing, It’s Another

It’s finally starting to ease up a bit for me.  I realized yesterday, after working in my garden for three hours, digging an 8 foot long by 2 foot wide and 10 inch deep bed, lining it with chicken wire and filling with composted manure and the dirt I’d dug out of the bed, that finally I’ve completed my goal to get my garden back in order.  It took six months, but I’m proud to say that I did it.  I looked at it back in September and fought the urge to run screaming from the overwhelming massiveness of work that had to be done.  I determined to get the job done one small area at a time.  I beat the weeds and I’m winning the war with the gopher, whose nose I almost got the chance to photograph on Saturday when he was daintily snatching my bitter and bolted to seed lettuce.  That first bed started back in September is his favorite place. I can’t wait until all the plants have finished going to seed so I can dig up the area and underlay it with chicken wire, and then he’ll have no choice but to move someplace else. *crosses fingers*

The darkness of Quickbooks, accounting, and income taxes is still engulfing me, but I’m finally beginning to see light at the end of the tunnel.  Naturally, if it’s not one thing, it’s another.

I was pleased to see that we may only be liable for between $100 and $200 in income taxes due to the businesses getting off the ground. Due to Section 179 Mr. A is able to fully deduct the heavy machinery purchased in 2008 for his second business.  That’s $5000 worth of deduction.  No depreciation necessary.  I think that’s a good thing.

But then today, I happened upon a Quickbooks tip that said make sure the  accounting method (accrual or cash) that you use in Quickbooks matches the accounting method used for your income taxes.

When I went through the question and answer process to start Mr. A’s companies in Quickbooks Simple Start, the answers determined that accrual was the method we should use.

But while I was going through TaxCut and looking over last year’s return, I see that our tax accountant last year set us up for cash.  Whoops.  Now I’m not quite sure what to do.  I understand it’s a big no-no to keep your books accrual but report to the IRS that they are cash.  Apparently, if we need to be accrual, I need to get permission to change from the IRS with Form 3115. Heh, and the IRS grants permission within sixty days. I guess we need to stick with cash accounting.

Another hurdle to wade through. Is that hard to change with Quicken, I wonder?  Must I start over from scratch?

I also came to the conclusion yesterday, during my three hours of solitude in the garden, that perhaps my writing mojo had disappeared since much of my creative energy was being put into the dirt of my garden, and my brain power was being taxed by the taxes of business.  Very taxed, mind you.

Speaking of my garden, it’s time to get out there and water.  I have newly planted seeds in the beds and they need to stay moist in order to begin their transition into cotyledons.

Have a wonderful evening!

Mrs. Accountability

P.S. New header images!  I was able to capture a lovely closeup of a ladybug on my bolted cilantro, as well as yellow flowers on my bolted lettuce.  If you hit refresh you will be able to see the various headers. There are six altogether.  They seem to appear randomly each time refresh is hit.

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5 thoughts on “If It’s Not One Thing, It’s Another

  1. It’s been a long time since I used Quickbooks so keep that in mind. You should be able to change an option where you print your reports that will change it from accrual to cash basis. Try editing your preferences for your reports. It’s there I promise. So no, you won’t have to start over from scratch. 🙂

    Good luck with your garden. Our lettuce is starting to come up and I see some onions breaking through. I’m going to plant some cilantro this year. I love homemade salsa and the cilantro “makes it”.

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    Mrs. Accountability Reply:

    Hi K – thanks for that bit of information, I did find that option. Is it really that simple? I thought it was some big deal if I didn’t choose “accrual” or “cash” when starting up the account in Quickbooks that I’d have to start over. That would be great if that’s all there is to it!! That is exciting about your garden! You are definitely in a “traditional” area for gardening for most folks think spring is the time to plant onions and lettuce. Here in Arizona, we do that during the winter! 🙂 I let one of my cilantro plants go to seed three years ago and I’ve had cilantro coming up volunteer all over my garden. I let one of the volunteers that came up in November go to seed, they get HUGE when they are procreating! The seeds are coriander so I will save the seeds both for that spice and for planting next year. Thank you so much for stopping by and visiting, and thank you for the comment!

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  2. LOVE your beautiful header photos. That ladybug is the best!

    As soon as I climb out from under the current freelance project, I’m going to dig up a chunk of M’hijito’s backyard for another garden. Lots of bermudagrass and weeds out there…it’s gunna be a project. But you’ve inspired me. 🙂

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    Mrs. Accountability Reply:

    Baby steps! I am so proud of myself for sticking with my garden and finally getting it all under control. Thank goodness I no longer have to deal with bermuda grass, we don’t have it out here at all. But boy, I had it when I was in Phoenix. The only way I could eradicate it was to work on one small area at a time, and SIFT the dirt so as to catch all the rhizomes that can be buried inches below the surface. And then I had to put borders along the garden bed to keep the bermuda from growing into the garden. It would try to climb OVER the borders, too. I also had nut grass. But out here, I just mostly had desert grasses, and various weeds.

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    Mrs. Accountability Reply:

    OH! And thank you for the compliment on my header photos!! I am thinking I should get a photo of one of my Sweet Pea flowers for another header photo. Good luck with your garden!

    [Reply]

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