How To Not Screw Up Your Taxes

by Rachel Kaufman
Published on CNNMoney.com
2009-05-27

cnnmoneytaxesMy name is Rachel Kaufman, and I don’t understand taxes.

I thought I was doing everything right until tax season. That’s when my tax prep software told me I owed thousands of dollars for my small – by all standards – writing business. Thousands I … didn’t exactly have. Sure, I’d been saving some money to pay the IRS, and I thought it’d be enough, but there I was, scrambling to find a hefty chunk of extra cash. About $2,000 extra.

I realized I didn’t know as much as I thought I did.

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