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It can be my understanding that NewCo would file their return and point out within a disclosure that they are having a contrary situation on the predecessor entities. Given that the CPA for that 4 predecessor entities, I don’t have visibility to the new entity as that perform is finished by means of A different company as well as I deem that we recorded it accurately. Am I mistaken During this regard or is it Alright for that NewCo to report the action up when no get was claimed. Simply a little bit out of my realm of recent working experience. Any insight A lot appreciated. "The hardest thing on the earth to know is the earnings tax" - Albert Einstein
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