To an accountant, the 15th of every month is a deadline for something. People think April 15th is the big deadline for tax returns. Wrong.
April 15th is the deadline for the 4 clients who file their taxes on time. For the other 996 clients out of 1,000, April 15th is the day you extend their tax returns. October 15th is the due date for those 996 extended returns. Yep, it is the procrastinator's final chance to file within the government-mandated deadline for paying the piper.
That means that 995 shoe boxes full of receipts show up at the accountants office around October 4th. It's a crazy time of year for accountants.
And then here comes November with it's sales tax, payroll tax, or estimated tax payment deadlines. There's no rest for the weary, and no end of 15's for accountants.
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AuthorGeni Whitehouse, an accountant who thinks numbers can be art. Archives
September 2009
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