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Re: Kento240 post# 109205

Monday, 05/24/2021 10:22:59 AM

Monday, May 24, 2021 10:22:59 AM

Post# of 161455
Well, yes, I am disappointed that it always seems to be last minute. But, I have the perspective of having been an accountant with a CPA firm (long time ago). The last minute thing may not be TPTW's choice. Once tax season starts, they work long, long hours. Taxes are the main focus--even after April 15th, since there are also extensions. Everything else gets pushed back as much as possible. So, companies like TPTW, that have fiscal year end on 12/31 (which is most of them), have to be audited during tax season, which makes it very difficult for accounting firms to finish on time. No doubt, there were accountants working late writing the notes right up until it got sent to TPTW for review and filing. Then comes Q1. Although Q1 is not required to be audited, the accounting firm would still need to prepare the financial statement. And, guess what? The government extended the tax deadline to May 15th. So, most likely, it got pushed back until after that. Last minute again.
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