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<p class="MsoNormal"><span style="font-size:11.0pt">We have a client who is a homebuilder who seems to be in a major tussle with the IRS. They were assessed millions in unpaid taxes. Apparently, there is an issue as to how certain costs of sale are accounted
for staging, etc….<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt">Their CPA has been working the problem and got the assessment more than cut in half. That CPA says that he can do nothing else and an experienced tax attorney is needed. Not in litigation yet, but may be
headed there.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt">Any referrals, including self-referrals are welcome.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;mso-ligatures:none">Chris Benis<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;mso-ligatures:none">First Avenue Law Group, PLLC<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;mso-ligatures:none">321 First Avenue West, Seattle, WA 98119<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;mso-ligatures:none">206.447-1900 office – 206.447.9075 fax – www. firstavenuelaw.com <o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;mso-ligatures:none"> <o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;mso-ligatures:none">This message contains information that may be CONFIDENTIAL AND PRIVILEGED. Unless you are the addressee (or authorized to receive for the addressee), you may not use, copy or disclose to
anyone the message or any information contained in the message. If you have received the message in error, please advise the sender by reply e-mail chrisb@firstavenuelaw.com, and delete this message. Thank you very much.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;mso-ligatures:none"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;mso-ligatures:none">To comply with recent IRS rules, we must inform you that this message, if it contains advice relating to federal taxes, was not intended or written to be used, and it cannot be used, for
the purpose of avoiding penalties that may be imposed under federal tax law. Under recent IRS rules, a taxpayer may rely on professional advice to avoid federal tax penalties only if that advice is reflected in a comprehensive tax opinion that conforms to
stringent requirements under federal law. Please contact me if you would like to discuss our preparation of an opinion that conforms to these new rules.<o:p></o:p></span></p>
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