<table><tr><th>From:</th><th>Richard Kahn</th></tr><tr><td>Sent:</td><td>Tuesday, December 5, 2017 6:14 PM</td></tr><tr><td>To:</td><td>Jeffrey E.</td></tr><tr><td>Subject:</td><td>Fwd: Income tax payments due</td></tr></table>

Richard Kahn
HBRK Associates Inc.
575 =exington Avenue 4th Floor
New York, NY 10022

Begin forwarded message:

From: =/b>Nick Nichols

Subject: =/b>RE: Income tax =ayments due

Date: December 5, 2017 at 1:11:25 PM EST

To: =/b>Deborah Pechet Quinan

Cc: =/b>"Noam Chomsky <mailto:  >, "Valeria Chomsky "Richard Kahn

Dear =eborah,

If I send you =omething today, it would be with the major caveat that we don't =ave nearly enough information to calculate a Q4 payment with =ccuracy.

And more importantly, I've suggested =everal times since August/September and as recently within the past =eek, that I recommend that we make an additional IRA distribution that =s applied 100% to tax withholding. And I emphasized =hat we need to do that before 12/31. Of course I I can'= quantify the saving precisely, but it would save a 4- figure federal =nderpayment penalty. A quarterly payment =ow would only "stop the clock" going forward on the =enalty calculation; but withholdings are deemed to be prorata =hroughout the year, hence no penalty and the hoped for cash savings.

We don't have =n estimate of their royalty incomes for 2017 (they were greater in 2016 =han in 2015), Noam's income from teaching in Arizona, etc, =tc. Hopefully we will =et some more information shortly and we can update the projections.

I am not aware of any other significant =ources of cash to be able to make Q4 estimated payments. Noam & =aleria, if you have some =vailable cash that can be set aside to be applied as Q4 estimated =ayments so that we don't have to incur more taxable income with =n IRA distribution, it would be helpful. Let us know how much =s available, and we can calculate the ideal balance of IRA distribution =more taxable income) and other resources (without additional taxable =ncome).

Do you know if the =ccounts have moved from Bainco yet? The last we knew in =eptember, they had not. If not we will want =o coordinate the tax payment/distribution with Bainco.

Thanks,
Nick

From: Deborah Pechet Quinan

Sent: Tuesday, December 5, 2017 =2:27 PM

To: Nick Nichols <NickN@all-cpas.com>

Cc: Noam Chomsk

; =aleria Chomsky

Richard Kahn

Subject: Income tax payments due
Importance: High

Dear Nick,

Could you please send me, at your very earliest convenience, =he estimated tax vouchers and payment amounts for Noam and Valeria, for =he tax payments that are currently due?

Best,
Deborah

Deborah Pechet Quinan, Esq. LL.M.
Shareholder
Chair, Trusts & Estates =roup
255 State Street, 7th Floor | Boston, MA 02109
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