EFTA02550002

From: Richard Kahn Sent: Thursday, Decem er , : To: Jeffrey E. Subject: Fwd: 2016 tax payments Richard Kahn HBRK Associates Inc. 575 =exington Avenue 4th Floor New York, NY 10022 tel 212-971-1306 fax 212-320-0381 Begin forwarded message: From: =/b>Noam Chomsky Subject: =/b>Re: FW: 2016 tax =ayments Date: =/b>December 7, 2017 at 2:43:35 PM =ST To: =/b>Deborah Pechet Quinan <[email protected]> Cc: qb>"Valeria Chomsk Richard Kahn Richard's advice =eems to me sound. Please proceed as he suggests. Noam On Thu, =ec 7, 2017 at 12:22 PM, Deborah Pechet Quinan wrote: Dear Noam, EFTA_R1_01705432 EFTA02550002 Richard has requested that I request =rom Max $150,000 for 2017 estimated federal tax payments. He has =ot provided me with a Massachusetts figure that he wants me to request. Nick Nichols has advised that if the =stimates for 2017 are paid from your IRA, four figure tax penalties may =e avoided. Of course a distribution from the IRA will incur a tax =tself; therefore Nick also advises that he should calculate the balance between the IRA and non-IRA assets (i.e. the marital trust) =o pay the estimates. Please see Nick's email of 12/5/17 at 1:11 p.m. Please confirm that you want me to =ollow Richard's instruction that a $150,000 distribution should =e taken from the marital trusts to pay your 2017 estimates, and that you do not want to follow Nick's advice that the =stimate be taken from your IRA and the marital trust in some proportion =hat Nick needs to calculate to avoid penalties and minimize income taxes. If =ou do want to follow Nick's advice I will follow-up with =im. Richard has requested that Max =istribute an amount to you from the trusts of the amounts paid for your =016 income taxes from your IRA and for the penalties your incurred for tax year 2016. According to the information I =ave received from Matthew Mazotas this amount is $109,271. Please confirm that you want me to request this =istribution from the trust from Max. Please note that you and Valeria are my =lients, and I cannot take direction from Richard with respect to your =ersonal income tax matters without confirming the action with you first. I am working as fast as I can within =he parameters of my duty to you which is paramount in all =afters. I appreciate your earliest convenient response and am available to speak by phone if that would be easier. Many thanks, Deborah Deborah Pechet Quinan, Esq. =L.M. Shareholder Chair, Trusts & Estates =roup 255 =tate Street, 7th Floor I Boston,=MA 02109 Direct: 617.570.3521 <tel 617 %20570-3521> Assistant - Jayne Mahone Office: 617.742.4200 <tel 617 /020742-4200> Fax: 617.742-2355 <tel:(617)%20742-2355> www.riw.com I BIO From: Richard Kahn Sent: Thursday, December 07, 2017 12:16 PM To: Deborah Pechet Quinan Subject: Re: 2016 tax payments 2 EFTA_R1_01705433 EFTA02550003 deborah, i have asked for 2017 estimates =ou asked for 2016 please do so immediatly thank you Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 tel 212-971-1306 <tel:(212)%20971.1306> fax 212.320.0381 Cel:(212)%20320-0381> On Dec 7, 2017, at 11:54 AM, =eborah Pechet Quinan wrote: Richard, Please review the emails from Nick and =e over the last couple of days re 2017 estimates. Please respond to the email I sent you =esterday at 1:56 p.m. 3 EFTA_R1_01705434 EFTA02550004 Perhaps we should speak in order clear =his up. I can proceed to email Max when I have the guidance I =eed from you and then confirmation from Noam. Please let me know a convenient time to =peak this afternoon after 2:00 p.m. and I will proceed to email Max =rom that call. Deborah Deborah Pechet =uinan, Esq. LL.M. Shareholder Chair, Trusts & Estates =roup 255 =tate Street, 7th Floor I Boston,=MA 02109 Direct: 617.570.3521 <tel:(617)%20570-3521> Assistant - Jayne Mahoney: 617.570.3581 <tel:(617)%20570-3581> Office: 617.742.4200 <tel: 617 %20742-4200> I Fax: 617.742-2355 <tel:(617)%20742-2355> e- I www.riw.com I BIO <image .gi From: Richard Kahn Sent: Thursday, December 07, 2017 10:38 AM To: Deborah Pechet Quinan Subject: Re: 2016 tax payments what is the estimate for =017? you should demand both years as i said yesterday, 150k =ill be used as a credit if too much... every day goes by and so far no results at all... Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 tel 212-971-1306 <tel:(212)%20971-1306> fax 212-320-0381 <tel:(212)%20320-0381> 4 EFTA_R1_01705435 EFTA02550005 On Dec 6, 2017, at 2:03 PM, =eborah Pechet Quinan <mailto:[email protected]» wrote: Thank you Matthew. Best, Deborah Deborah Pechet =uinan, Esq. Shareholder Chair, Trusts & Estates =roup 255 =tate Street, 7th Floor I Boston,=MA 02109 Direct: 617.570.3521 <tel:(617)%20570-3521> Assistant - Jayne Mahone Office: 617.742.4200 <tel:(617)%20742-4200> I Fax: 617.742-2355 <tel:(617)%20742- 2355> www.riw.com I WO <image002.gif> From: Matthew Mazotas [mailto: Sent: Wednesda=, December 06, 2017 9:18 AM To: Deborah =echet Quinan; Nick Nichols Cc: Richard =ahn ( Noam Chomsky (aaleria Chomsky <mailto:[email protected]> ) Subject: RE: =016 tax payments Hi Deborah, 5 EFTA_R1_01705436 EFTA02550006 Below is the 2016 information you requested. Federal: Q2 Estimate- $43,000- Amount was distributed from IRA =n 6/15/16 to make payment. Q4 Estimate in Jan- $60,0O0- Amount was distributed =rom IRA around 1/5/17 to make payment. Extension Payment- $175,000- Electronically withdrawn =rom BoA around 4/18/17. 2015 Overpayment Applied to 2016 Tax- =74,059 2016 Estimated Tax Penalty- $204 (reduced the 2016 =arryforward) Massachusetts: Q2 Estimate- $6,000- Amount was distributed from IRA =n 6/15/16 to make payment. Q4 Estimate- $12,000- Paid in December 2016 by =aleria from Bank of America account. Extension Payment- $25,000- Electronically withdrawn =rom BoA around 4/18/17. 2015 Overpayment Applied to 2016 Tax- =42,411 2016 Underpayment of Estimated Tax Penalty- $67 =reduced the 2016 carryforward) If you have any questions, please let me =now. Regards, Matthew Mazotas 6 EFTA_R1_01705437 EFTA02550007 Supervisor Abrams Little-Gill Loberfeld =C CPAs & Business =dvisors 1330 Boylston Street Suite 510 Chestnut Hill, MA 02467 Tel.: 617-738-5200 Ext. =25 <tel:(617)%20738-5200> Fax: 617-738-0875 <tel:(617)%20738-0875> Email Web: www.all-cpas.com Member of MSI Global Alliance: www.msiglobal.org Click=here to =pload files securely. <image003.png> <https://www.facebook.com/allcpas> <image004.png> <https://twitter.com/allcpas> <image005.png> <image006.png> cimage007.png> <https://goo.gl/BuLtKV> From: Deborah Pechet Quinan Sent: Tuesday,- To: Nick =ichol Cc: Richard =a Noam Chomsk <nchomsk 3@ mail.com>. =aleria Chomsk >; Matthew Mazotas Subject: 2016 =ax payments 7 EFTA_R1_01705438 EFTA02550008 Dear Nick, Could you or Matthew please send me all amounts and =ates of tax payments and penalties that Noam made for the 2016 tax year =or both fed and MA purposes at your very earliest convenience. Thanks, Deborah Deborah Pechet =uinan, Esq. LL.M. Shareholder Chair, Trusts & Estates =roup 255 =tate Street, 7th Floor I Boston,=MA 02109 Direct: 617.570.3521 <tel:(617)%20570-3521> I Cell Assistant - Jayne Mahoney Office: 617.742.4200 <tel:(IIIIIIIIIIIIIPIPP! x: el:(617)%20742- . - 2355> e-mail <imag www.riw.com I BIO NOTICE: This email with its attachments, if any, is =ntended solely for permitted use by authorized recipients. If you are =ot an authorized recipient of this email, your retention, transmission, disclosure, or use of this email is =rohibited. If you received this email in error, please notify the =ender and delete this email and its attachments from your devices and =ystems. NOTICE: This email with its attachments, if any, is =ntended solely for permitted use by authorized recipients. If you are =ot an authorized recipient of this email, your retention, transmission, disclosure, or use of this email is =rohibited. If you received this email in error, please notify the =ender and delete this email and its attachments from your devices and =ystems. NOTICE: This email with its attachments, if =ny, is intended solely for permitted use by authorized recipients. If =ou are not an authorized recipient of this email, your retention, =ransmission, disclosure, or use of this email is prohibited. If you received this email in error, please notify the sender and =elete this email and its attachments from your devices and systems. 8 EFTA_R1_01705439 EFTA02550009 NOTICE: This email with its attachments, if any, is intended solely for =ermitted use by authorized recipients. If you are not an authorized =ecipient of this email, your retention, transmission, disclosure, or =se of this email is prohibited. If you received this email in error, please notify the sender and delete this email and =ts attachments from your devices and systems. = 9 EFTA_R1_01705440 EFTA02550010