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> While I am a single freelance developer, things wouldn't change much with a family. I disagree with this statement because this claims assumes you keep up to
by Delmania 9y ago
> While I am a single freelance developer, things wouldn't change much with a family.
I disagree with this statement because this claims assumes you keep up to date on tax code changes. Getting married, buying a house, and having a child now add in deductions for mortgage interest, child tax credits, child care tax credits, a first time home buyer's loan, and potential changes to your bracket because of your spouse and how you file. Taxes for an individual with 2 kids, a house, and business are definitely more complicated than taxes for a single individual who lives in an apartment. At some point, you have to ask if this is worth your time as opposed to getting work done, especially seeing as how demonstrated in the past year, the government can radically change the tax code.
- nickjj 9y ago> I disagree with this statement because this claims assumes you keep up to date on tax code changes. Getting married, buying a house, and having a child now add in deductions for mortgage interest, child tax credits, child care tax credits, a first time home buyer's loan, and potential changes to your bracket because of your spouse and how you file. Taxes for an individual with 2 kids, a house, and business are definitely more complicated than taxes for a single individual who lives in an apartment. At some point, you have to ask if this is worth your time as opposed to getting work done, especially seeing as how demonstrated in the past year, the government can radically change the tax code. Those are all questions you would ask your accountant. But from GnuCash's POV, it's just entering in more transactions per year into their various account buckets.
- deleted 9y ago[deleted]