Thanksgiving is a good time to take a break from our everyday lives and take a look at everything we are thankful for. Since I'm a tax guy, I'm certainly thankful that I work in a field that keeps me engaged and always learning. And also, since I'm a tax guy, this Thanksgiving, let's look at some things to be thankful for from a tax perspective.
- Family. Having loved ones in your life is a gift: children, parents, brothers, and sisters. And if any of them are dependents, come tax time, you'll be a little extra grateful for them, as they will put some more money in your refund.
There are many things that each of us are aware of and personally thankful for and many more if we pause to reflect on them. As we go about our busy lives working and taking care of our personal lives and families and even planning for our taxes, it is a great thing that our society encourages the taking of time to reflect, if even only for a day, on all that we have.
Enjoy this Thanksgiving. Next week you can get started on your year-end planning and tax planning for this year and next. For now, TURKEY UP and celebrate a holiday that like our tax system is totally uniquely American.