April 3, 2005
I believe the April 4 deadline for submitting comments is unreasonably harsh and should be extended at least 30-60 days.
Many of us in the financial services industry provide a wide range of services to our clients, including, in my case, substantial assistance with income tax preparation and consultation regarding income taxes.
My workload this time of year is double or triple the normal level, and I have not had the opportunity to review the proposed rules and regulations with the detail and attention they deserve.
I believe the best course of action would be to extend the comment deadline to mid-May or late-May of 2004.