EOY

December 30, 2022

Since this is the last workday of 2022 for many, I thought I had better finish several projects that I have been putting off.  This began with several checks we had received that needed to go to the bank.  Melissa snap deposits them, but I am old school and take them to the drive thru.  I got them signed and put them in my pocket.  Then there was the linen closet I had cleaned out before Christmas.  When I pared down my clothes closet, I immediately took the items to Goodwill.  When I cleaned the linen closet, I was more tenuous and held onto the items.  I separated them, placed many in plastic bags forming sets of sheets and pillowcases, but then placed them on the spare bed in my office.  I wanted to get Melissa’s approval before I got rid of ten sets of bedding.  Now the end of year (EOY) is here, and I wanted to take them in on this year’s donation.  I packed up the remaining sets and put them all in the car.  Next, I loaded the recycling that had built up during December.  This was partly due to not wanting to go out in the cold, but also because of the number of boxes and cans from the holidays.  Finally, there was the router Melissa had purchased to improve our Wi-Fi.  She found when it arrived that it did not work on our system, and I needed to return it.  These projects had been waiting for several weeks, but I needed an EOY push to get things out of the house.

When I looked online, I found the term “end of year” refers to the conclusion of the business year’s closure.  In business, the EOY can be defined as the end of the calendar year or the fiscal year.  The calendar year is the twelve month period that starts on January 1 and ends on December 31.  A fiscal year is a twelve-month period defined for accounting purposes and may be different from the calendar year and can start on a day different than January 1.  This one-year accounting period is established to suit a particular need of the company, since sometimes issuing a financial statement at the end of the calendar year is a though task because of the high volume of transactions going on at the time.  This difference between a calendar year and a fiscal year is recognized by tax authorities and companies are normally free to declare and pay taxes at the end of their fiscal (not calendar) year.  I do not have that ability and the IRS expects my taxes to be paid every April, and usually on the 15th.   This will be on Monday the 17th in 2023.

After packing everything in the car I began my EOY trek.  I had decided to make a loop to hit the four places I needed to go.  This began with the recycling and then looped back by the bank.  These were in the town where I lived, but the donation was 20 miles away.  While this is out of my way, I prefer to donate or give away household items and clothes when I can rather than throw them away.  I then swung through town to check on friends and on my way home the trek took me near one of my favorite restaurants right around lunch time.  The New Year always brings the question of diets and I wanted to make sure I was able to get a Thai Bun bowl before the EOY.  My last stop was the return.  While the router was ordered online, Melissa found I could return it to our local market, letting me complete my grocery shopping and avoid the New Year’s Eve rush.  As I pulled into my driveway, I was feeling smug about completing all my EOY tasks.  I picked up the newspaper from the seat to go inside and remembered the overflowing box of newspapers in our dining room.  The papers had been one of the main reasons I began my EOY trek.  Oh well, there is always next year.

THOUGHTS:  The EOY holidays serve to bring family and friends together.  We celebrate Thanksgiving, Hanukkah, Christmas, and Kwanza, and then end with a bang as the ball drops on New Year’s Eve.  New Year’s Day often finds us reflecting on the past year with its blessings and regrets.  Regardless, the EOY becomes the first day of the rest of your life.  Make it a good one.  Act for all.  Change is coming and it starts with you.

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