Taxes Suck Sometimes

Year End Planning – Minding the $13,000 Tax Gap [One of My Oh Shit Moments]

Gen Y Finance Guy Taxes 35 Comments

The GYFG blog recently picked up a new reader (Sean), who finally asked the question I have been waiting for all summer. It was around how my taxes were so low on such a high income. It’s a good thing we have smart readers that ask good questions (someone has to keep me honest). It makes for nice opportunities to continue to provide full transparency. On other blogs I see many commentators get ignored when a question like this is asked. Not here!!! Not us!!! See his original comment below: Although I was prepared to answer this question as taxes have been on my mind a lot lately, but I kept putting off finally building accurate tax calculations into my spreadsheet. …