TDW 1733 - The Tax Man Taketh Away
PATREON - http://www.patreon.com/adamthewoo
SHIRTS - http://www.adamthewoo.spreadshirt.com
Yesterday - https://youtu.be/UIbEGPdE27E
Last Year - https://youtu.be/S-7y5Ot0o4U
2 Years Ago - https://youtu.be/5YjJOPrpk60
3 Years Ago - https://youtu.be/dN2iizP5raU
4 Years Ago -https://youtu.be/0a3IV447GQk
Transcript
0:03
I learned my lesson a long time
0:03
ago one thing I would never do is
0:07
that that would end badly for me just
0:11
saying fueling up the rental car and
0:13
then I'm going to fuel myself up with
0:15
some caffeine welcome everyone Adam the
0:18
woo here today I am taking this packet
0:22
of paperwork right now actually over to
0:25
an accountant who will go through the
0:27
nooks the crannies of of the
0:30
1099s the credit card detailed
0:33
information and he will formulate
0:36
exactly how much I am going to have to
0:39
dish out of the old wallet to Uncle Sam
0:43
that's right today is
0:46
my text day get it done a little bit
0:50
early a couple weeks early it's my
0:51
second channel daily Vlog Channel
0:53
doesn't mean it's any less stressful
0:55
it's uh the daily
1:06
day there's not very much cream and
1:06
sugar in there it's a little
1:08
tart that very well may have been the
1:10
most boisterous and Loud intro in a long
1:14
time but I'm just trying to get hyped up
1:16
I'm trying to get psyched out I'm trying
1:17
to like take my mind off of the inep
1:20
whoa that bird man that bird just got
1:22
out of the way just in time for a good
1:24
portion of my adult life for over two
1:26
decades I worked retail and when you
1:28
punch a Time clock at the end of the
1:30
year you get a little bit of money back
1:32
and you get a W2 that you do your taxes
1:34
with when you're self-employed which is
1:36
technically what I am now it's a little
1:39
bit different you don't pay in
1:41
throughout the year and you get
1:42
10.99 it's a little bit confusing when
1:45
you're not used to it the last couple
1:47
years I have taken on the arduous task
1:49
of doing it all myself last year I owed
1:52
a little bit more than I felt I should
1:55
have owed so I've decided this year to
1:58
take it to a tax Prof professional and
2:01
see if they can see if they can find
2:03
something that I would possibly Miss if
2:06
I did it myself think of it like a big
2:08
puzzle like a Rubik's cube of sort you
2:10
twist it you turn it and when all one
2:12
color is facing that side that's when
2:15
the government holds its hand out and
2:16
says give me my portion I'm not sure if
2:20
that's the correct way that they
2:21
communicate and talk or that's the voice
2:23
that inflection they use but it's just a
2:25
it's my interpretation of it I make
2:27
money off of Google AdSense but also
2:28
spreadshirt you can also write off
2:31
flights gas hotels Museum admission
2:35
things of that sort so I'm hoping all
2:38
that works itself out I'm crossing my
2:41
cross your fingers with me
2:43
please breathe deep it's time
3:04
hear that bird making that noise that's
3:04
how I feel right now because my
3:07
taxes are done and what I have to mail
3:10
the government is in
3:12
this envelope it's unfortunate that
3:14
there's no swimming here cuz I feel like
3:17
just diving in and washing it all away
3:20
just wash it all away one thing is for
3:23
sure it is way less stressful and easier
3:26
on the heart and the soul and the mind
3:28
to have someone who knows what they're
3:30
doing tally everything up and find stuff
3:32
that you may have missed that was a
3:35
great experience
3:38
however I I owe a little money here in a
3:40
bit I'm going to head to the bank get a
3:42
cashier check drop it in the mail and
3:45
send Old uny
3:48
Samuel his Moola all I have to say is
3:51
thank goodness for ride offs because
3:54
without those it would make things way
3:57
more difficult all in all
4:00
they take about 25% of what your net
4:04
income is your gross income is
4:07
everything that you have made before the
4:09
writeoffs the net I think it's the net
4:12
right that is what you make after the
4:16
ride offs the government is going to
4:18
take about 25 give or take one quarter
4:23
of that amount of money so obviously the
4:26
less that whole total is the less you're
4:28
going to owe but you're still going to
4:29
have to take a quarter out of every
4:31
dollar and hand it over to someone else
4:34
that's disappointing someone has spray
4:36
painted The Old Sugar Mill I have
4:38
prepared myself for today though
4:41
everything I make I take about 20% of
4:43
that and I put it in a separate savings
4:45
account that way when this particular
4:48
moment comes every year I have like a
4:50
little nest egg and I'm not going super
4:53
far in debt to pay those bills so
4:56
whether you work a normal 9 to-5 job
4:58
punch a clock or whether you're
4:59
self-employed make your own schedule you
5:02
will end up having to pay taxes it is
5:06
inevitable what's the famous saying
5:08
there are only two things that are
5:09
definite in life death and taxes and
5:13
that's 100% true oh if only we could
5:15
live our life like the
5:17
groundhog there's no taxation
5:20
underground you know what I don't even
5:22
know that's it might not even be
5:23
groundhog tracks that might just be dirt
5:25
piled up there for no reason freedom
5:33
I feel like a mix between Braveheart and
5:33
Andy defrain from Sha Shank Redemption
5:35
right now I've come out clean on the
5:38
other side the taxed man
5:41
comeing sometimes he gives but most of
5:44
the time he taketh away the reason I
5:48
stopped off here real quick is cuz that
5:49
Sugar Mill was a location of my very
5:52
first Adventure video basically the
5:54
beginnings of my YouTube career little
5:57
did I know back then that I would be t
5:59
tax at on such
6:02
Endeavors life's funny that's right
6:04
fowl the
6:07
taxman the T I don't sound anything like
6:09
George Harrison you know what the great
6:10
thing is I'm in this vehicle and you
6:14
can't harm
6:15
me you can't harm me cuz I'm in the car
6:19
and you can't get in here manella
6:21
envelope on the left wait is it manella
6:23
or vanilla either way the one on the
6:25
left is my paperwork the one on the
6:27
right the orangish one is the
6:29
accountants paperwork and I'm gonna go
6:31
ahead and knock this out now go to the
6:33
Post Office go to the bank first then go
6:36
to the Post Office send some certified
6:38
mail get this thing over and done with
6:41
and it will be completed Mission will be
6:44
accomplished by the end of the day they
6:46
will have their cash and I will be my
6:49
mind will be set at ease ah Bank of
6:52
America we meet again which makes me
6:55
wonder are taxes worse in America than
6:58
they are in other countries I'm not
7:00
familiar with Taxation and other areas
7:03
of the world makes me
7:27
wonder oh my gosh that took so much
7:27
longer than I thought it would would
7:29
there was an issue with my signature so
7:31
I had to sit down at a desk and then
7:33
they end up trying to enroll me in some
7:36
new thing I've been with Bank of America
7:38
probably 15
7:40
years it's good bank I haven't had any
7:42
major issues but man I was in there I
7:44
was in there a long time I have not been
7:46
to this post office in years back in the
7:50
early 2000s I would sell on eBay I would
7:53
come up here almost every day to ship
7:55
things out then shortly after that I had
7:57
a po. box here it's probably been 2
8:00
years since I've been on this property I
8:02
don't know where I came up with that
8:03
time frame it's been longer than that
8:06
time flies pretty quickly oh my gosh I
8:09
don't even want to get out of this car
8:11
look at that guy get out of here get out
8:14
of here I don't want you around here
8:16
wasp goodness gracious look at that
8:19
where is he is he gone I think he's gone
8:22
my goodness
8:34
not you need any more than 50 I can now
8:34
say the checks in the mail and I shipped
8:37
it Priority with a tracking number just
8:40
to be on the safe side this morning I
8:41
started with zero and then one now I'm
8:43
up to three envelopes there is a random
8:45
boat dangling from the sky not sure what
8:50
the significance of that is I'm sure
8:52
there's a purpose my bank account is a
8:53
little bit less than it was you know
8:55
couple hours ago my savings has been
8:58
moderately depleted
9:00
however I am not in debt and that my
9:02
friends is a wonderful thing a little
9:04
pre-planning goes a heck of a long way
9:08
and really helps in the sanity
9:10
departments I feel pretty dang good
9:12
right now I feel a little bit better if
9:14
I was getting some money back or didn't
9:15
have to pay a dime that's not the case
9:17
however look top of the roof has been
9:21
sneezed on or someone has splashed
9:24
coffee SL soda it wasn't me don't blame
9:27
me this was like it when I got the
9:28
rental car
9:29
but it's pretty disgusting I don't know
9:32
why I didn't notice it when I picked it
9:33
up but I'm noticing it now actually I've
9:36
noticed it for a
9:38
while pretty nasty when I return this in
9:40
a couple weeks should I say something or
9:43
should I just let it slide maybe it'll
9:44
go unnoticed just like he went unnoticed
9:47
on the person who rented this car before
9:49
me cuz if I say something they might
9:51
think that I did it and I'm trying to
9:53
hide it but if I don't say something
9:56
then they might not even pay attention
9:57
to it at all
10:00
I don't know what to do what do I do
10:02
America stretch out your golden wings
10:06
flying high flying
10:10
high
10:13
flying
10:15
high feeling very patriotic
10:18
today very patriotic
10:21
indeed
10:23
Vlog over