LI BMAN 'S AWESOME LETTER
LIBMAN TAX STRATEGIES
My After-Tax-Season Vacation: A One-Way Ticket to Rehab!
Whether you’ve been working with me for two years or 20 years, you likely know that during the months from January to April, I’m fairly wound up. I’m sure my wife, Maria, can tell my war stories better than I can, but for approximately three months out of the year, I’m at work 70 hours a week. That means I have to be a terrible father and husband for an entire quarter. You think I’m kidding, but I’m not. Any business owner will tell you stories of sacrifices their family has had to make in order to accommodate the company’s needs or requirements. In many cases, those in the outside world might not see the strains that the entrepreneurial vocation places on familial relationships. They might see a nice house or car and photos from big family vacations, but they overlook the periods of exhaustion, aggravation, and anxiety that laid the foundation for any kind of growth or success. While you start your own business to ensure you have more free time to spend with loved ones, the irony lies in the fact that you have to neglect them until you’ve achieved enough momentum to back off managing all daily operations. Over the years, Maria and I have certainly worked out our own methods of navigating this stressful time. As my sons grow older, they have also gained a better understanding of the sacrifices that both their parents and they have to make three months out of the year. "While you start your own business to ensure you have more free time to spend with loved ones, the irony lies in the fact that you have to neglect them until you’ve achieved enough momentum to back off managing all daily operations."
In addition to accepting that I practically live in my office from January to April, my family also has to make a more imperceptible sacrifice to accommodate my job. Contrary to what others might think, I don’t start celebrating the minute the clock strikes midnight on April 15. I don’t toss confetti, pop bubbly, or light fireworks. Instead, I have to go through an Adam-version of rehab in order to decompress. After spending months getting little sleep, stress eating and drinking, and rarely getting to spend time with my family, I need time to ease myself back into the life that I love. There is one activity I’ve found that helps expedite the decompression process, and that is listening to music. For several years now, I’ve gone to Coachella and Stagecoach, and being able to immerse myself in the musical experience helps me let go of the emotional numbness that sets in after three months of being inundated with stress. In the years that Maria is able to join me for these festivals, we’ve found that we are both able to finally exhale and relax.
There isn’t a day that goes by that I don’t feel gratitude for my amazing family, but as I’m rounding out these final weeks of tax season, I’m especially thankful for their patience,
empathy, and consideration. For now, though, I’ll be looking forward to some decompression, some amazing tunes, and some relaxing time spent with family.
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