EFTA02550901

From: Richard Kahn < Sent: Thursday, December 7, 2017 9:57 PM To: Jeffrey E. Subject: Fwd: 2016 tax payments Richard Kahn HBRK Associates Inc. 575 =exington Avenue 4th Floor New York, NY 10022 Begin forwarded message: From: =/b>Deborah Pechet Quinan < Subject: qb>RE: FW: 2016 tax =ayments Date: =/b>December 7, 2017 at 3:25:29 PM =ST To: =/b>Noam Chomsky < Cc: "Valeria Chomsky " Thanks Noam. Deborah Pechet Quinan, Esq. =L.M. Shareholder Chair, Trusts & Estates =roup 255 State Street, 7th Floor I Boston, MA =2109 >, "Richard Kahn EFTA_R1_01706730 EFTA02550901 www.riw.com I BIO From: Noam Chomsky (mailto Sent: Thursday, December 07, 2017 2:44 PM =To: Deborah Pechet Quinan Cc: Valeria Chomsky Subject: Re: FW: 2016 tax payments ); Richard Kahn Richard's advice seems to me =ound. Please proceed as he suggests. Noam On Thu, Dec 7, 2017 at 12:22 PM, =eborah Pechet Quinan < <mailto > wrote: Dear Noam, Richard has requested that I request =rom Max $150,000 for 2017 estimated federal tax payments. He has not provided me with a Massachusetts figure that he wants me to =equest. Nick Nichols has advised that if the estimates for 2017 =re paid from your IRA, four figure tax penalties may be avoided. =f course a distribution from the IRA will incur a tax itself; therefore Nick also advises that he should calculate the =alance between the IRA and non-IRA assets (i.e. the marital trust) to =ay the estimates. Please see Nick's email of 12/5/17 at 1:11 =.m. Please confirm that you want me to =ollow Richard's instruction that a $150,000 distribution should be taken from the marital trusts to pay your 2017 estimates, and that =ou do not want to follow Nick's advice that the estimate be =aken from your IRA and the marital trust in some proportion that Nick =eeds 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 2016 income taxes from your IRA and for the penalties your =ncurred for tax year 2016. According to the information I have =eceived 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 personal income tax matters without confirming the action with =ou first. I am working as fast as I can within the parameters of =y duty to you which is paramount in all matters. 2 EFTA_R1_01706731 EFTA02550902 I appreciate your earliest convenient =esponse 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 www.riw.com I BIO From: Richard Kahn (mailt Sent: Thursday, December 07, 2017 12:16 PM To: Deborah Pechet Quinan Subject: Re: 2016 tax payments deborah, i have =sked for 2017 estimates you asked for 2016 please do =o immediatly thank =ou Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 I EFTA_R1_01706732 EFTA02550903 On Dec 7, =017, at 11:54 AM, Deborah Pechet Quinan < <mailto > 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. Perhaps we should speak in order clear =his up. I can proceed to email Max when I have the guidance I need 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 from that call. Deborah Deborah Pechet =uinan, Esq. LL.M. Shareholder Chair, Trusts & Estates =roup <image001.gif> I www.riw.com I BIO From: Richard Kahn imailto Sent: Thursday, December 07, 2017 10:38 AM To: Deborah Pechet Quinan Subject: Re: 2016 tax payments 4 EFTA_R1_01706733 EFTA02550904 what is the =stimate for 2017? you should remand both years as i said =esterday, 150k will be used as a credit if too much... every day =oes by and so far no results at all... Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th Floor New York, NY 10022 wrote: On Dec 6, =017, at 2:03 PM, Deborah Pechet Quinan < <mailto Thank you Matthew. Best, Deborah Deborah Pechet =uinan, Esq. LL.M. Shareholder Chair, Trusts & Estates =roup 255 =tate Street, 7th Floor I Boston; MA 02109 www.riw.com I BIO > > 5 EFTA_R1_01706734 EFTA02550905 <image002.gif> From: Matthew Mazotas imailto Sent: Wednesday= December 06, 2017 9:18 AM To: Deborah =echet Quinan; Nick Nichols Cc: Richard =ahn ( <mailto > ); Noam Chomsky ( ; Valeria Chomsky ( <mailto > ) Subject: RE: =016 tax payments payment. Hi Deborah, Below is the 2016 information you =equested. Federal: Q2 Estimate- $43,000- Amount was distributed from IRA =n 6/15/16 to make payment. Q4 Estimate in Jan- $60,000- Amount was distributed =rom IRA around 1/5/17 to make 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. > 6 EFTA_R1_01706735 EFTA02550906 Regards, Matthew Mazotas Supervisor Abrams Little-Gill Loberfeld =C CPAs & Business =dvisors 1330 Boylston Street Suite 510 Web: www.all-cpas.com Member of MSI Global Alliance: www.msiglobal.org Click=here to upload files securely. cimage003.png> <https://www.facebook.com/allcpas> cimage004.png> <https://twitter.com/allcpas> <image005.png> <image006.png> <image007.png> <https://goo.gl/BuLtKV> From: Deborah Pechet Quinan imailto <mailto Sent: Tuesday, =ecember 5, 2017 5:50 PM To: Nick =ichols >1 7 EFTA_R1_01706736 EFTA02550907 Cc: Richard =ahn (richardkahnl2@ <richardkahn12@ mail.com>;= Noam Chomsky >; =aleria Chomsky ( >; Matthew Mazotas < Subject: 2016 =ax payments 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 for both fed and MA purposes at your very earliest =onvenience. Thanks, Deborah Deborah Pechet =uinan, Esq. LL.M. Shareholder Chair, Trusts & Estates =roup I www.riw.com I BIO <image002.gif> NOTICE: This email with its attachments, if any, is =ntended solely for permitted use by authorized recipients. If you are not an authorized recipient of this email, your retention, =ransmission, disclosure, or use of this email is prohibited. If you =eceived this email in error, please notify the sender and delete this =mail and its attachments from your devices and systems. NOTICE: This email with its attachments, if any, is =ntended solely for permitted use by authorized recipients. If you are not an authorized recipient of this email, your retention, =ransmission, disclosure, or use of this email is prohibited. If you =eceived this email in error, please notify the sender and delete this =mail and its attachments from your devices and systems. NOTICE: =his 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 use of this email is prohibited. If you =eceived this email in error, please notify the sender and delete this =mail and its attachments from your devices and systems. 8 EFTA_R1_01706737 EFTA02550908 NOTICE: This email with its =ttachments, if any, is intended solely for permitted use by authorized =ecipients. If you are not an authorized recipient of this email, your =etention, transmission, 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. 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. 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