NASSAUSUFFOLK

You may be able to use a common paymaster approach but in general each entity is viewed as a separate taxpayer.  I am not aware of any cases that support taking as salary from one entity without qualifying as a common paymaster.  Perhaps some other members have had some experience with this.  This shows that the taxing authorities are looking at these payroll tax issues more closely as we discussed at the last meeting.

Very truly yours,

ROBERT S. BARNETT

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