Thursday, November 6, 2014

Kelley Lynch's Email To IRS Re. Neal Greenberg's "IRS WARNINGS" Letters To Leonard Cohen

From: Kelley Lynch <>
Date: Thu, Nov 6, 2014 at 4:14 PM
Subject: Re: California Central District Court, Case No. 2:05-cv-06047
To: Jeffrey Korn <>, "irs.commissioner" <>, Washington Field <>, ASKDOJ <>, "Division, Criminal" <>, "Doug.Davis" <>, Dennis <>, rbyucaipa <>, khuvane <>, blourd <>, Robert MacMillan <>, a <>, wennermedia <>, Mick Brown <>, woodwardb <>, "glenn.greenwald" <>, lrohter <>, Harriet Ryan <>, "hailey.branson" <>, "stan.garnett" <>, police <>, sedelman <>, JFeuer <>, "kevin.prins" <>, Sherab Posel <>,, "" <>, "" <>


Would you review the IRS dangers letters.  What corporate formalities aren't being adhered to?  From my perspective, all of them.  Do you view Cohen's loans/expenditures as disguised salary?  I view as corporate embezzlement.  Cohen and his lawyers received those letters and decided to focus on Greenberg's laughable cover-your-ass statements.  Cohen reviewed them but Greenberg could have emailed them to him.  Cohen would like to pretend that none of this exists and thinks that slandering me; targeting my children; calling me a slut and alcoholic; accusing me of having sex with Oliver Stone and Richard Westin; advising jurors we were in a statutory required "dating relationship; and making up insane statements about my possibly wanting to attend his concert will resolve
these very serious federal and corporate tax matters?  Why did Susanne Walsh copy Rice in on her harassing emails to me, my sons, sister, etc?  LAPD's TMU was interested in that situation.  And now Gianelli is writing Kevin Huvane and Bryan Lourd.  

All the best,

On Thu, Nov 6, 2014 at 4:10 PM, Kelley Lynch <> wrote:


While I await a response to these very serious and legitimate federal tax and corporate matters, I want to point out the Neal Greenberg IRS warning letters.  Obviously, Greenberg sent cover-your-ass letters.  Cohen planned to tour and was contractually obligated to do so.  Cohen advised me NOT to reveal future
income to Greenberg although Greenberg was aware of the third pending IP deal; lithograph deal; and other potential income.  His letters re. Cohen's income are laughable.  The IRS warnings are not.  These warnings were attached to Neal Greenberg's lawsuit and Cohen and his lawyers must have read them.  Let's
review Leonard Cohen's loans and transaction fees from TH:  approximately $6.7 million which Cohen agreed to repay within 3 years with 6% interest.  It wasn't my job to document loans, prepare loan documents, etc.  I was clear with Cohen and Westin in my January 2002 emails.  I was not a business manager and
was very clear that i did not handle IRS, tax, accounting, loan documents, corporate matters, etc.  Cohen testified his lawyer handled the corporate books, records, and accountings.  My lawyers provided Greenberg, Glusker with the corporate books and records.  Cohen took all files from my office and there
were witnesses.  

The Annuity Agreement Cohen signed confirms that he may receive loans.  He signed that document.  He acknowledged that he would repay those loans/expenditures with interest.  What can the IRS do pursuant to Neal Greenberg re. Cohen's outstanding loans?  They can view them as disguised salary and overturn the original transaction.  Cohen has taken the position that he is the alter ego but that doesn't address his outstanding loans?  How will this be handled on federal and state tax  returns that should be filed in order to properly dissolve this entity?  No assets were assigned to LCI.  Does Cohen plan to transfer the monies he personally collected into BMT?  How will this be handled on federal and state tax returns that should be filed in order to properly dissolve this entity?  

The ongoing criminal harassment will not resolve this issue.  These are serious outstanding federal and corporate tax matters.  I did not prepare Cohen's personal tax returns or corporate tax documents.  I intend to litigate the use of fraud restraining orders, including the fraudulent domestic violence order, to prevent me from requesting and receiving IRS required information and to prevent me from effecting service upon the registered agent of a corporation who has transmitted K-1 partnership documents to State of Kentucky and IRS indicating that I am a partner for the years 2003, 2004, and 2005.  Cohen knew I didn't live at 419 N. Larchmont.  The IRS transcripts show that this is where the LCI K-1s were mailed.  The IRS brought this to my attention.

Kelley Lynch  

Greenberg letter to Leonard Cohen dated January 16, 2004

IRS Warning: 

 Please make sure the loans from Traditional Holdings are properly documented; by borrowing so much money, there is an argument perhaps remote, that the IRS may question the original transaction.  There would be millions of dollars of back taxes if the IRS successfully challenges the original transaction.

Greenberg letter to Leonard Cohen dated January 25, 2004

IRS Warning: 

IRS Dangers.  Two Issues:  a)  the first issue is that Traditional Holdings is being run without all the formalities required of a business.  The IRS might find it easier to recharacterize the original transaction (the sale of the private annuity).  [Notes that documenting and repaying the loans is a good idea.]  Insofar as you have been taking loans from an operating business, the IRS might classify them as disguised salary.  If so, there are huge back taxes to pay.