On May 27, 2021 a
Exhibit,Appendix
was filed
involving a dispute between
Scott Larson Individually And Derivatively On Behalf Of Great Oak Associates Llc,
Scott Larson
Individually And Derivatively On Behalf Of Great Oak Associates Llc,
and
Great Oak Associates, Llc As Nominal Defendant,
Great Oak Associates, Llc
As Nominal Defendant,
Roger H Larson,
for Commercial - Business Entity
in the District Court of Dutchess County.
Preview
FILED: DUTCHESS COUNTY CLERK 04/10/2024 04:38 PM INDEX NO. 2021-52009
NYSCEF DOC. NO. 180 RECEIVED NYSCEF: 04/10/2024
EXHIBIT D
FILED: DUTCHESS COUNTY CLERK 04/10/2024 04:38 PM INDEX NO. 2021-52009
NYSCEF DOC. NO. 180 RECEIVED NYSCEF: 04/10/2024
IRBT
LIMITED LIABILITY PARTNERSHIP
CERTIFIED PUBLIC ACCOUNTANTS BUSINESS DEVELOPMENT CONSULTANTS
April 1, 2024
Scott Larson, Member of Great Oaks Associates, LLC
RE: Great Oak Associates, LLC Capital Account Adjustments by Court Order
Scott,
We have reviewed the partnership tax returns of Great Oak Associates, LLC ("Great Oak") to reconstruct
the member capital accounts for both members Roger Larson and you beginning with tax year 2016, the
earliest open statutory year.
At this stage, we are unable to complete this review without the following:
1. Roger's attorney fees that he has allocated to Great Oak; we do not have any paperwork for 2023.
2. The outcome of the PPP loan money is still undecided.
3. The outcome of Ms. Cordier's suit.
Regards,
Ross Trapani, CPA, Partner
rbtcpas.com ---- =--- aw--mm
11 Racquet Road P.O.Box 757 4071 Route 9, Stop 1
Newburgh, NY 12550 2215 Rt.9W Hudson, NY 12534
Lake Katrine, NY 12449
2678 South Road P.O.Box 209 590 Madison Avenue
Suite 101 si sullivan Street 21st Floor
Poughkeepsie, NY 12601 Wurtsboro, NY 12790 New York, NY, 10022
FILED: DUTCHESS COUNTY CLERK 04/10/2024 04:38 PM INDEX NO. 2021-52009
NYSCEF DOC. NO. 180 RECEIVED NYSCEF: 04/10/2024
IRBT
LIMIT ED LIABILITY PARTNERSHIP
CERTIFIED PUBLIC ACCOUNTANTS BUSINESS DEVELOPM ENT CONSULTANTS
MEMO
TO: Scott Larson, Member of Great Oak Associates, LLC
FROM: Nikki Moravec, CPA
DATE: April 2, 2024
RE: Data Needed for 2023 Partnership Tax Return and Workpapers
The following list outlines the documents that are needed for the year-end workpapers for
Great Oak Associates, LLC as of December 31, 2023. Please use the Sharefile link provided or
go to rbt.sharefile.com.
Great Oak Associates, LLC:
1. Operable/accessible QuickBooks file (Backup or Accountant's Copy with the dividing date of
1/1/24)
a. Previous file received via thumb drive was password protected and unaccessible; even
with password later provided 4/1/24, file could not be accessed by us or our IT team.
2. Rondout Savings - of 12/31/23 bank reconciliation and statement. Please review
Copy any
old outstanding checks older than 6 months and determine if they are still valid, need to be
reissued, or need to be reversed out of Quickbooks.
a. Provide January through December bank statements (all pages).
3. Depreciation schedule
4. Rent schedule
a. Please confirm total rent received for 2023
5. Security Deposits held
6. Is the $5,000 bond with Hyde Park still being held by the town? We noted per review of 2019
Hyde Park minutes that it was but we noted no cash receipt in 2019 - 2022
meeting released,
general ledger.
7. Real Estate Tax bills
8. IT204-LL filing annual LLC fee that was due March 15, 2024 (prior to RBT involvement).
9. Note - Scott confirmed that no 2023 Federal or NYS tax extension due March
Only 15, 2024
was filed (prior to RBT involvement).
10. Note - Other requests/questions be presented upon the above
Only may receiving
information.
11 Racquet Road P.O. Box 757 4071 Route 9, Stop 1
Newburgh, NY 12550 2215 Rt. 9W Hudson, NY 12534
Lake Katrine, NY 12449
2678South Road P.O. Box 209 590 Madison Avenue
Suite 101 51 Sullivan Street 21st Floor
Poughkeepsie, NY 12601 Wurtsboro, NY 12790 New York, NY, 10022
Document Filed Date
April 10, 2024
Case Filing Date
May 27, 2021
Category
Commercial - Business Entity
Status
Disposed-Court Date/Application Pending
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FILED: DUTCHESS COUNTY CLERK 04/10/2024 04:38 PM INDEX NO. 2021-52009 NYSCEF DOC. NO. 180 RECEIVED NYSCEF: 04/10/2024 EXHIBIT D FILED: DUTCHESS COUNTY CLERK 04/10/2024 04:38 PM INDEX NO. 2021-52009 NYSCEF DOC. NO. 180 RECEIVED NYSCEF: 04/10/2024 IRBT LIMITED LIABILITY PARTNERSHIP CERTIFIED PUBLIC ACCOUNTANTS BUSINESS DEVELOPMENT CONSULTANTS April 1, 2024 Scott Larson, Member of Great Oaks Associates, LLC RE: Great Oak Associates, LLC Capital Account Adjustments by Court Order Scott, We have reviewed the partnership tax returns of Great Oak Associates, LLC ("Great Oak") to reconstruct the member capital accounts for both members Roger Larson and you beginning with tax year 2016, the earliest open statutory year. At this stage, we are unable to complete this review without the following: 1. Roger's attorney fees that he has allocated to Great Oak; we do not have any paperwork for 2023. 2. The outcome of the PPP loan money is still undecided. 3. The outcome of Ms. Cordier's suit. Regards, Ross Trapani, CPA, Partner rbtcpas.com ---- =--- aw--mm 11 Racquet Road P.O.Box 757 4071 Route 9, Stop 1 Newburgh, NY 12550 2215 Rt.9W Hudson, NY 12534 Lake Katrine, NY 12449 2678 South Road P.O.Box 209 590 Madison Avenue Suite 101 si sullivan Street 21st Floor Poughkeepsie, NY 12601 Wurtsboro, NY 12790 New York, NY, 10022 FILED: DUTCHESS COUNTY CLERK 04/10/2024 04:38 PM INDEX NO. 2021-52009 NYSCEF DOC. NO. 180 RECEIVED NYSCEF: 04/10/2024 IRBT LIMIT ED LIABILITY PARTNERSHIP CERTIFIED PUBLIC ACCOUNTANTS BUSINESS DEVELOPM ENT CONSULTANTS MEMO TO: Scott Larson, Member of Great Oak Associates, LLC FROM: Nikki Moravec, CPA DATE: April 2, 2024 RE: Data Needed for 2023 Partnership Tax Return and Workpapers The following list outlines the documents that are needed for the year-end workpapers for Great Oak Associates, LLC as of December 31, 2023. Please use the Sharefile link provided or go to rbt.sharefile.com. Great Oak Associates, LLC: 1. Operable/accessible QuickBooks file (Backup or Accountant's Copy with the dividing date of 1/1/24) a. Previous file received via thumb drive was password protected and unaccessible; even with password later provided 4/1/24, file could not be accessed by us or our IT team. 2. Rondout Savings - of 12/31/23 bank reconciliation and statement. Please review Copy any old outstanding checks older than 6 months and determine if they are still valid, need to be reissued, or need to be reversed out of Quickbooks. a. Provide January through December bank statements (all pages). 3. Depreciation schedule 4. Rent schedule a. Please confirm total rent received for 2023 5. Security Deposits held 6. Is the $5,000 bond with Hyde Park still being held by the town? We noted per review of 2019 Hyde Park minutes that it was but we noted no cash receipt in 2019 - 2022 meeting released, general ledger. 7. Real Estate Tax bills 8. IT204-LL filing annual LLC fee that was due March 15, 2024 (prior to RBT involvement). 9. Note - Scott confirmed that no 2023 Federal or NYS tax extension due March Only 15, 2024 was filed (prior to RBT involvement). 10. Note - Other requests/questions be presented upon the above Only may receiving information. 11 Racquet Road P.O. Box 757 4071 Route 9, Stop 1 Newburgh, NY 12550 2215 Rt. 9W Hudson, NY 12534 Lake Katrine, NY 12449 2678South Road P.O. Box 209 590 Madison Avenue Suite 101 51 Sullivan Street 21st Floor Poughkeepsie, NY 12601 Wurtsboro, NY 12790 New York, NY, 10022