--00000000000024921f05b9aaf112 Content-Type: text/plain; charset="UTF-8" Tim, Timothy, Per your request - See below for the process for the taxable period 5/1/20-1/24/21. This is consistent with what we heard but I needed Rose Cross (Tax Partner, BDO) to explain it to outline it more coherently. - Company has to actually pay the bill, so the Company is liable - This is included in the definition of Indebtedness - Sellers will prepare the filing, new Company owners will do a quick review prior to filing - For timing, we need to and should easily be able to do this within the first 90 days after close, to be included in the real Closing Balance Sheet and corresponding adjustment - From a strictly tax perspective, however, we have up to 6 months after close - Payment will be made by the Company out of the Company bank account - Any difference between the paid and the $326,750 estimate will of course result in an adjustment between Sellers and the Company Rose will likely be the advisor coordinating from a tax perspective on our side. Thanks, Lucas -- Lucas Motro Director of Corporate Development Home Care Assistance www.homecareassistance.com --- Read Our Testimonials Join Our Newsletter We Are Hiring! [image: https://www.linkedin.com/company/home-care-assistance/] Champions of Aging Well --00000000000024921f05b9aaf112 Content-Type: text/html; charset="UTF-8" Content-Transfer-Encoding: quoted-printable Tim, Timothy, Per your request -=C2=A0 See below for the process for the taxable period 5/1= /20-1/24/21. This is consistent with what we heard but I needed Rose Cross = (Tax Partner, BDO) to explain it to outline it more coherently. Company has to actually pay the bill, so the Company is liable This is included in the definition of Indebtedness Sell= ers will prepare the filing, new Company owners will do a quick review prio= r to filing For timing, we need to and should easily be able to= do this within=C2=A0the first 90 days after close, to be included in the r= eal Closing Balance Sheet and corresponding adjustment From a s= trictly tax perspective, however, we have up to 6 months after close Payment will be made by the Company out of the Company bank acc= ount Any difference between the paid and the $326,750 estimate will= of course result in an adjustment between Sellers and the Company Rose will likely be the advisor coordinating from a tax perspec= tive on our side.=C2=A0 Thanks, Lucas -- Lucas Motro Director of Corporate Development Home = Care Assistance www.homecareassistance.com --- Read Our Testimonials Join