As we approach the joyous holiday of Pesach, many of us are also grappling with another annual tradition: tax season. Just as the Israelites were freed from their bondage in Egypt, you too can find liberation from the stress of managing your taxes. Here’s a light-hearted look at some ways to tackle your taxes in the spirit of Pesach.
First, let’s talk about the infamous search for chametz. On the night before Pesach, we search our homes high and low for any remaining crumbs of leavened bread. Similarly, you should leave no stone unturned when searching for tax deductions and credits. Just like those elusive crumbs, they may be hiding in plain sight!
Next up, we’ve got the Seder plate. Like the Seder plate’s six symbolic items, there are six key steps to filing your taxes: gathering documents, choosing a filing status, calculating your taxable income, finding deductions and credits, determining your tax liability, and finally, submitting your return. Make sure to keep things organized, so you don’t end up with a tax return as chaotic as Pharaoh’s kingdom!
Now let’s talk about the Four Questions. The youngest at the Seder table traditionally asks four questions to better understand the Passover story. In the same vein, don’t be afraid to ask questions about your taxes. Seek advice from a tax professional or do some research to ensure you’re making the right choices for your financial situation.
And of course, there’s the Afikomen. Just as the children search for the hidden matzah, you should be on the lookout for hidden tax savings. Perhaps you’re eligible for tax credits you weren’t aware of, or maybe you can make a last-minute IRA contribution to lower your taxable income.
Finally, let’s not forget about Dayenu, the song of gratitude sung during the Seder. Each verse thanks G-d for various blessings, and after each blessing, we say “Dayenu” (it would have been enough). When you finally file your taxes, take a moment to be grateful for the financial opportunities and blessings in your life. Dayenu!
With some organization, guidance, and a healthy dose of Pesach spirit, you can conquer your taxes and be free to enjoy the holiday. Chag Pesach Sameach, and happy tax filing!