EFTA02652535.pdf

From: jeffrey E. <[email protected]> Sent: Monday, April 17, 2017 4:27 PM To: Barry J. Cohen Subject: Re: FW: flowchart cant give you an aswer without seeing the return.=C2 I dont have it. On Mon, Apr 17, 2017 at 12:14 PM, Barry J. Cohen < <mailto » wrote: We received the attached letter from the IRS with re=pect to LDB's 2012 return. The IRS appears to be saying that=they cannot reconcile BRH's K-1 and partnership return to LOB =80 s return. We believe this is because BRH's income and K=ls flow through multiple entities on their way to LDB, and the BRH K-1 is not=attached to Leon's return. The other attachment charts this =low. Entities in red boxes do not file tax returns. The BRH income items all seem to be recorded on LDB=E2 s return (lumped in with other income). Thus, LOB appears to=have paid tax appropriately. Neither Richl nor any of us were invoked in the 2012 returns, but we believe we have much of the support for those returns. We propose that Tom Turrin make an informal call to =he IRS to propose that we offer a simple reconciliation and see if they be=ieve this is sufficient. It appears that we must respond by May 5.<=u> Let us know if you agree. =AO please note The information contained i= this communication is confidential, may be attorney-client privileged=may constitute inside information, and is intended only for the use =f the addressee. It is the property of JEE Unauthorized use, disclos=re or copying of this communication or any part thereof is strictly pro=ibited and may be unlawful. If you have received this communication =n error, please notify us immediately by return e-mail or by e-mail to =a href="mailto:[email protected]" target="_blank">[email protected], and destroy this communication and all copies thereof, inc=uding all attachments. copyright -all rights reserved EFTA_R1_01895842 EFTA02652535 --001a113a64b2f737c4054d5f4162-- conversation-id 47200 date-last-viewed 0 date-received 1492446407 flags 8590195713 gmail-label-ids 7 6 remote-id 705819 2 EFTA_R1_01895843 EFTA02652536