The definition of the word isthmus is: (noun) a narrow strip of land with sea on either side, connecting two larger land areas or a passage / tissue connecting two larger parts of the anatomy. For this post, isthmus is the journey from initial evidence request to appeal hearing scheduled in 30 days.
The 1st day starts 4 days later when you finally get a call back.
The 2nd day is then 6 days into the process when you are told “inside of a week” for delivery of all requested items.
The 3rd, 4th, and 5th days are now 13, 14 and 15 days from initial request, when you call each day before getting an email announcing an unexpected undefined delay “please be patient”.
The 6th, 7th, 8th and 9th days (16 through 20 days from start) are spent trying your best to be patient because the hearing is impending.
The 10th day (9 days before the hearing) you receive an overnight delivery envelope with an old tax return from years ago, concerning a partial interest in one of the three parcels that comprise the property under appeal.
The 11th day is now 8 days before the hearing and you receive an email that the contact for the opposing side is on vacation until the scheduled hearing.
On the 12th day of isthmus you give the hearing officer your outside expert’s confirmed verification of the opposing side’s corporate 10-K report for the previous year, revealing sales of (their own) highly similar properties at higher unit rates than your assessment.
Merry isthmus, and remember to look at 10-Ks when available. Go to SEC.gov and click Filings to search.