I still hate tax
Well, I got the results of my first income tax midterm. Yeah, it was messy: 49/70 which works out to a B- or some such thing. Super. Apparently the high mark was around 58, and the class average was 50%. As one of my illuminating fellow classmates pointed out: if the class average is hovering around 50%, does that not mean that perhaps the teacher is lacking somewhat in her abilities. And then she proceeded to tell the teacher this. Good times. If I were a vindictive teacher (which I'm not, solely because I'm not a teacher, so that instead makes me a vindictive bookkeeper which is so not as scary) I would totally fail that student. I know why I did poorly though, so I can't blame the prof entirely (though she hasn't exactly been stellar).
Mostly the low mark came from, hmmm, how to explain? From not studying much. And drinking a lot of wine. I think there were a couple of "night out with the girls" in there, which tend to culminate in me sprawled on my fraying couch promising never to imbibe to such a wicked extent again. Oh, and the secondary issue that may have been detrimental to my mark related to me answering tax questions with gems like "if Client A simply opens an account in the Bahamas, he can launder all his income through there and avoid taxes in their entirety" and "why would Ms. X remit her quarterly tax remittance: she needs to stand up against the man since she voted for the Green Party in the last election". And, when pressed for time towards the end, I answered three questions with "I don't know", "$6,000" and "oh shit, we have to declare that?". I have a feeling I may be audited this year.
And such is my first income tax midterm. One more midterm and a final to go, and if I keep above 67% I will be a happy, barely knowledgeable, half blind graduate.
Oh, and also? I am purposely doing poorly so none of you will come and ask for tax advice in the coming months!!
Mostly the low mark came from, hmmm, how to explain? From not studying much. And drinking a lot of wine. I think there were a couple of "night out with the girls" in there, which tend to culminate in me sprawled on my fraying couch promising never to imbibe to such a wicked extent again. Oh, and the secondary issue that may have been detrimental to my mark related to me answering tax questions with gems like "if Client A simply opens an account in the Bahamas, he can launder all his income through there and avoid taxes in their entirety" and "why would Ms. X remit her quarterly tax remittance: she needs to stand up against the man since she voted for the Green Party in the last election". And, when pressed for time towards the end, I answered three questions with "I don't know", "$6,000" and "oh shit, we have to declare that?". I have a feeling I may be audited this year.
And such is my first income tax midterm. One more midterm and a final to go, and if I keep above 67% I will be a happy, barely knowledgeable, half blind graduate.
Oh, and also? I am purposely doing poorly so none of you will come and ask for tax advice in the coming months!!
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