You know the saying, “The only sure things in life are death and taxes.” I feel like I’ve done pretty well with that first one, I am at peace with myself and my Creator. While I think I still have another 50 years left in this incarnation, whenever it’s my time, I think I’ll be ready.
Taxes, on the other hand, is a different story. I have not always been peaceful about or ready for tax time. Many an extension has been filed with the IRS. I’ve had several audits, which have been learning experiences.
But I digress…
Having decided to clean up this area of my life, I diligently sent my corporate and personal tax info off to my accountant the end of March. I was relieved and pleased with myself.
Imagine my surprise when mid-October I received a notice from the IRS stating that I owed $534 in penalties due to filing late.
Really? My tax-preparer had efiled on time; wonder what happened?
The first thoughts, though fleeting, were:
- Fear, because the IRS is “big and bad and scary”
- Fear, because I didn’t, at the moment, have an extra $534 laying around, so how would I eat
- Anger, because they (big, bad, ominous IRS) were picking on a small company (little ole me), etc.
Thankfully, I’ve worked on my own personal growth for a while now. So, instead of assuming the fetal position and crying, I chose to let go, breathe, relax, and to put it aside for a while.
In the meantime, I learned that S Corp taxes (or the extension request) are due March 15 not April 15. So while I thought I was filing the extension on time, it actually was late. The only way I could get out of paying the penalties would be if I was dead which, as I mentioned earlier, I’m not. Another possibility was a doctors note stating that I was in a health crisis at that time, which wasn’t true.
Alrighty then… it was clear I needed to pay the bill. Perhaps they’d accept payments. I decided it was time to deal with it as the due date was fast approaching.
Occasionally a negative thought would pass through my mind: How did I let this happen? Why didn’t I pay closer attention? WTH? (The usual variations of the “I suck,” “They suck,” programing we all learned in childhood.) And then I’d let it go, relax, breathe, and focus my thoughts elsewhere.
The money was due the following Monday.
Thursday, I called the IRS because I thought I should, and was told there was a 7 minute wait. I decided that was too long and hung up. A minute later a friend invited me to an impromptu lunch in 10 minutes. The Walu (Hawaiian butterfish) sandwich was yummy.
So Friday, I was inspired to call the IRS. The message said it was a 15 minute wait. Rather than get annoyed, I used the time to catch up with email while listening to their music. Thirty-two minutes later, an agent came on the phone. Never once did I go into pissedivity about the wait, the situation, the money, anything. I just let go, with a knowing that it would all work out, and focused my thoughts on other topics.
I shared with the IRS agent that the first S Corp began November 1998 and was shut down end of 2009; that my accountant always filed the extensions because January thru August were the busiest production times for me. I admitted that I didn’t know (and should have known) about the March filing date for a S Corp.
Hoping for an easy payment plan I asked what the possibilities were, and then kept my mouth shut.
Long story short… this IRS Angel was able to give me a one-time abatement. She told me I owed NOTHING—as in no money—$0.
I share this here to remind myself, and you, that we don’t have to be tormented by fearful thoughts, we don’t have to live our lives expecting negative outcomes because “everybody knows” this or that negative old story.
We ARE all making it up as we go along, and Life meets us with happy surprises when we consciously choose happiness. In this situation, I chose peace, and in spite of the evidence; I chose Truth over facts, and guess what? The facts changed.
Facts do change, they are constantly changing. We find peace, and often shift facts, when we move from the facts that are in our heads to the peace and Truth that reside in our hearts.
What facts will you change today?