EFTA Document EFTA01750849

Sent: Thursday, July 3, 2014 10:53:49 AM From: lawrence delson <S> Subject: Fw: Tax return prep To: "[email protected]" <[email protected]> Jeffrey Of course, one of the goals is to have the return in draft form for review by September 30 Larry Delson Delson International, Inc. Forwarded Me From: lawrence delson To: "[email protected]" <[email protected]> Sent: Wednesday, July 2, 2014 6:57 PM Subject: Tax return prep Jeffrey Rich 3, Rich D and I again met with Tom today to map out return preparation. As you know, Rich J is in favor of a condensed return. While we all agree that Tom will not be preparing "Pro- forma" returns for the disregarded entities and will instead enter Information directly into Leon's return, there is still some disagreement on presentation and preparation. In short, the inclusion of statements that Rich will prepare in lieu of individual input of data, will, as Rich has suggested, probably result in a less voluminous return. No doubt, among other things, this will result in a return that will be easier to review prior to filing. However, Tom did raise one point: Given the income being reported, will a "condensed" return draw more scrutiny than a voluminous return? While "condensed" versus "voluminous" may be an oversimplification, this is something you may wish to consider. Larry Delson International, Inc. EFTA_R1_00048513 EFTA01750849