EFTA Document EFTA01918121

To: lawrence delson From: Jeffrey E. Sent: Thur 7/3/2014 1:19:12 PM Subject: Re: Tax return prep On Thu, Jul 3, 2014 at 9:18 AM, lawrence delson < wrote: Yes. What number should we call? Larry Delson Delson International, Inc. P.O. BOX 3776 New York NY 10163 (T)EM (F) From: jeffrey E. < eevacation mail com> To: lawrence delson • Sent: Thursday, July , Subject: Re: Tax return prep I agree with your suggestion, too much currently on the plate. can we do 1130 instead? On Thu, Jul 3, 2014 at 9:14 AM, lawrence delson wrote: Jeffrey Rich will be here shortly. Does 9:30/9:45 work? As a bit of background, Rich would like to bring much of the prep work in house. Specifically, he would like to prepare excel spreadsheets for interest, dividends, charitable contributions, and k-1 details. We would then provide the excel schedules (with back-up) to Tom so that Tom simply inputs one number with "See schedule attached". Rich believes this will reduce the likelihood of input error, make for easier review and a streamlined prep process. Rich also believes this puts Tom in the better position of "reviewer" of the return instead of simply data-input. I agree with him that this provides better control and a far more effective way to review. It also allows for quick changes as only one number Is being Inputed. My concerns are the following: (a) Time - Rich will have to create the excel template and then coach the person (Aneta or Julie) who is doing the input. This will prove time consuming on the more complicated k- EFTA_R1_00358806 EFTA01918121 ls. Rich has a lot on his plate and I am concerned there is insufficient time (see my suggestion below) (b) Greater work here tracking passive items, suspended items etc. One of the "benefits" of tax prep programs is that the program does this work (c) Cosmetics/assembly - Having been trained by a perfectionist, I recognize the assembly/cosmetics problem. The program will generate its own schedules. We/Tom will have to insert the schedules we generate. Thus, some statements may read "Statement 1" (i.e. program generated) and some may read "Statement A" (Rich generated). There is the potential for the wrong statement to be included My suggestion is that Rich can prepare the aforementioned schedules as a means of control and review at a leisurely pace for this year (2013). Next year, in a more timely fashion we can gravitate towards Rich's proposal Larry Delson Delson International, Inc. P.O. BOX 3776 New York, NY 10163 (T) (F) please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacation qmail.com, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this EFTA_R1_00358807 EFTA01918122 communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacation@gmail com and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA_R1_00358808 EFTA01918123