Greg Storey has a painful tale of working with his accountant:

Earlier today I wrote out two checks to the IRS and neither of them were for the current tax season. Both were for mistakes that were made in last year’s filling. The mistakes were made by my CPA at the time.

This is one of those parts of being a designer that schools seem to ignore entirely. I once heard that “if you don’t understand the tax implications of any transaction you’re making, then you don’t understand the transaction.”

Read Storey’s full post here.