It’s really important to handle your business. Read all the forms. Take care of stuff in a timely manner. Right? Right.
All my life I’ve had this horrible trait of being completely avoidant when something scares me or when I am feeling intimidated by something. Like… filing legal papers, dealing with accounting, paying taxes… I am capable of sticking my fingers in my ears and yelling, “La la la la!” really loud, for a really long time.
This can get expensive.
Like, when you do that and miss an important deadline for filing an important paper by a week, and the State of CA says, “Whoah, -5 resistance to state and local deadlines, huh? That’s so sad…” and then the Franchise Tax Board up and rolls a critical and you wind up with a $250 fine.
Like, when your annual LLC tax comes due, and it’s not late, but you didn’t read ALL THE THINGS, so it’s a huge shock that there’s a large tax payment due in 12 days and also maybe you feel a frisson of sick panic because you haven’t called your accountant yet and THAT reminds you that you still haven’t filed your personal taxes for last year and oh my god I hate taxes so much – it’s times like this I whine about why did I choose a life path that requires me to file them with multiple agencies multiple times a year?
Stuff like that. Time moves. It goes fast. You may think you have plenty of it, but honestly, those deadlines come up quickly and you can’t afford to miss ’em. 4 months is not as long as you might think. Ditto 45 days.
If you start catching yourself avoiding something, it’s a pretty good indicator that you need to handle it, yesterday. Avoiding stuff gets expensive. Drawing on my experience, I very much recommend that you don’t do it.
Running a creative business is great, I love working in my pajamas as much as the next guy, but it’s a business. And that means acting like a grown up and handling the scary paperwork. $250 is not as bad as it could have been. Yeah, it’s an expensive kick in the ass but it could have been so much worse.
I’m gonna keep telling myself that, as the Franchise Tax Board laughs all the way to the bank…
It ain’t all paint fumes and pretty colors, is all I’m saying.