UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF ...€¦ · (b) Applicant researched Epicor accounting package and FRx reporting software in order to gain an understanding as to

UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF MASSACHUSETTS

WESTERN DIVISION

Chapter 11 Case No. 09-32228-HJB

APPLICATION OF KIRKLAND, ALBRECHT & FREDRICKSON, LLC FOR COMPENSATION AS ACCOUNTANT

(REQUEST TO LIMIT NOTICE)

Now comes the firm of Kirkland, Albrecht & Fredrickson, LLC ("Applicant"), and hereby

requests compensation for fees and expenses rendered as accountant in this case. In support

thereof, the Applicant respectfully states as follows:

1. On December 18, 2009, Greenfield Silver, Inc. f/k/a Lunt Silversmiths, Inc. (the

"Debtor") filed a petition for relief under Chapter 11 of the Bankruptcy Code with this Court.

2. On March 10, 2010, the Debtor filed an application to employ the Applicant as

Accountant. The application was approved on March 29, 2010; a copy of the order is attached

hereto as Exhibit "A".

3. On May 5, 2010, the Debtor filed a motion to expand the scope of the Applicant to

include accounting/bookkeeping procedures or adjustments for the Debtor for the years 2008,

2009, 2010 and any subsequent tax years during the pendency of this case. On June 10, 2010, the

motion was approved. A copy of the Order approving this motion is attached as Exhibit "B".

4. The Applicant sought to expand the scope of its Employment to include additional tax

and accounting services not anticipated when the Debtor filed the Application, and of which the

In re: GREENFIELD SILVER, INC. f/k/a Lunt Silversmiths, Inc.

Debtor

Applicant only became aware upon review of the Debtor’s documentation after the Court

approved the Employment.

5. Specifically, the last tax return the Debtor filed was in December 2007, which was

included as part of a consolidated tax return filed by Rogers, Lunt and Bowlen (“RLB”), the

Debtor’s parent company. Under current law, the Debtor must continue to be included on the

consolidated tax return filed by RLB. (See Treasury Regulation § 1.1502-75). Also under this

Regulation, the Debtor may not unilaterally file a separate tax return.

6. The Debtor’s related entities who filed on the consolidated tax returns previously are

RLB, Cunill USA, Inc., and RLB Cutlery, Inc. (the “Related Entities”).

7. Without filing a consolidated tax return, the Applicant is unable to estimate the

Debtor’s potential tax liability for any taxes due in the years subsequent to 2007 as under

Treasury Regulation § 1.502-6 each member of the consolidated tax return is severally

responsible for the consolidated group liability.

8. Therefore, the Debtor sought permission to expand the scope of the Applicant's

Employment to include preparation of the 2008 and 2009 consolidated federal and state tax

returns for the debtor and related entities, determine which entities were still in existence at

12/31/08 and 12/31/09 to include them in the 2008 and 2009 consolidated tax returns,

accounting/bookkeeping procedures or adjustments for the Debtor and related entities for the

years 2008 and 2009, and any subsequent tax years during the pendency of this case, including

but not limited to the following:

(a) Reconcile and verify amounts on the trial balance to subsidiary ledgers, if

applicable;

(b) Reconcile and verify amounts receivable/payable for Related Entities;

(c) Substantiate amounts due from stockholder of Debtor and due to

stockholder of Debtor recorded on the books of the Debtor;

(d) Determine any accounts receivable that may need to be written off as a bad

debts;

(e) Evaluate LIFO inventory layers and adjust to market value, if necessary;

(f) Investigate all old accounts with balances on the trial balance and write off

if necessary;

(g) Reconcile property and equipment and depreciation and adjust for assets

sold or no longer in service;

(h) Determine any asset sales and whether properly recorded by accountants of

Debtor; and

(i) Investigate IRS claim for income taxes related to tax years 2007 and 2008

against Debtor.

9. This application represents the first application for compensation for services

rendered by Applicant as accountant for the Debtor.1

10. This application is submitted in accordance with MLBR 2016-1.

11. Initial Engagement Planning and CPA Transition

(a) In order to fully understand the scope and complexity of the engagement,

Applicant participated in numerous conference calls with Edward Sabella,

Esquire, L. Alexandra Hogan, Esquire and Mr. James Lunt (the Debtor's

principal), as well as to transition from the prior accounting firm.

1 On September 4, 2014, the Applicant filed an application for compensation which it withdrew on September 17, 2014, as allowed by this Court.

(b) Applicant evaluated its independence from Debtor to comply with industry

standards.

(c) Applicant met with Richard Powell, CPA, to gain an understanding of the

status of Debtor’s unfiled tax returns and to discuss why the audit was not

completed by the prior accounting firm.

(d) Multiple members of the Applicant team traveled to and from Debtor in

order to meet with Mr. Lunt and Ms. Dyer and review the historical

accounting data and software. This visit included obtaining all accounting

records, computer systems, servers, etc. to bring back to Applicant’s

offices to perform bookkeeping/reconciliation procedures to prepare the

initial tax returns.

(e) Applicant reviewed the initial information received and discovered that

Debtor did not file a separate federal income tax return under its name and

federal identification number, but rather filed a as part of a consolidated

tax return. The consolidated tax return was filed under the name and

federal identification number of its parent RLB. RLB is the parent

company of three subsidiaries: Greenfield Silver, Inc. F/K/A Lunt

Silversmiths, Inc.; Cunill USA, Inc.; and RLB Cutlery, Inc. At some point

in the past, Rogers, Lunt and Bowlen Company elected on behalf of itself

and its subsidiaries to file one consolidated income tax return for all four

entities and not four separate income tax returns.

(f) A result of being included in a consolidated tax return filing is that Debtor

may not file a separate tax return solely for its own taxable activity. Once

the election has been made to include a company in a consolidated tax

return that company must continue to include its taxable activity in the

group's consolidated tax return until either:

i. the company is no longer part of the group or

ii. the parent company requested permission of the Internal

Revenue Service (IRS) to allow the group to stop filing a

consolidated tax return. (§1.1502‐75(c)).

(1) Only the parent may request permission to

discontinue filing a consolidated tax return and such

a request must be sent to the IRS 90 days prior to

the due date of the return including extensions.

(2) Applicant did not become aware of any request of

the IRS to discontinue the filing of consolidated tax

returns.

(g) RLB, as the parent, is responsible for preparing and filing the consolidated

income tax return.

(h) As a result of these findings, Applicant held meetings to analyze the

situation and determined that an expansion of the services to be provided

was necessary.

(i) Applicant met with Mr. Lunt and a representative with Debtor’s

accounting department in order to grasp an understanding of its accounting

system.

(j) Applicant met and prepared a plan to gather information from Debtor’s

accounting system in order to prepare trial balances and tax returns. This

included meeting with Advanced System Integrators to move servers from

Debtor’s location to Applicant’s Braintree location.

(k) Applicant traveled to, and appeared in, bankruptcy court.

(l) Applicant corresponded on multiple occasions with Wells Fargo in order

to determine status of a commercial loan Debtor held with them.

(m) Applicant held multiple internal meetings discussing general strategy

pertaining to the following:

i. Engagement planning, including timeline of events

ii. Monthly financial statement preparation

iii. Consolidated tax return preparation

iv. Bankruptcy case proceedings

12. Account Reconciliation and Bookkeeping

(a) Applicant reviewed prior accountant workpapers and previously filed tax

returns in order to fully understand the company as a whole and its status

at that point in time.

(b) Applicant researched Epicor accounting package and FRx reporting

software in order to gain an understanding as to the processes necessary to

run reports applicable to the engagement.

(c) Applicant gathered various financial statement reports, including general

ledger, profit & loss and balance sheet from 2008, 2009 and 2010, from

Debtor’s server. This information was used to examine and reconcile

specific accounts.

(d) Some information could not be recovered from the Debtor servers and thus

had to be requested from third parties.

(e) Some reports received from prior accountant were not prepared correctly.

Applicant spent time investigating problems and reconciling variances.

(f) New reconciliations had to be prepared accordingly.

(g) Applicant prepared multiple journal entries to record prior year activity.

13. Monthly Financial Statement Preparation & Review

(a) Applicant prepared financial statements on a monthly basis. This process

included the following:

i. Requesting bank statement information from the bank

ii. Communicating with attorneys to determine fees and other

circumstances that would require attention on the monthly

financial statements.

iii. Meetings to discuss status and process of financial statement

preparation.

iv. Preparation of the monthly financial statements.

v. Review of the prepared monthly financial statements.

14. Correspondence

(a) From July 2010 through January 2014, Applicant participated in multiple

telephone conferences with attorneys Edward Sabella and Alex Hogan to

discuss monthly financial statements, bankruptcy issues and

documentation, account status and other various topics. Verbal or email

updates included:

i. A status update from the attorneys regarding changes in the case

ii. An update of accrued expenses from the attorneys or other matters

that could impact the monthly accounting

iii. Review of Mr. James Lunt’s monthly accounting and routine

correspondence to

15. Tax Research

(a) Applicant performed research related to the following topics:

i. NY tax law treatment of related party transactions.

ii. IRC §332 pertaining to the tax treatment of the complete

liquidation of subsidiaries.

iii. Rules and regulations related to bankrupt subsidiaries.

iv. Bankrupt subsidiary filing with a consolidated group.

16. Review of Account Status and Billing Summary

(a) Throughout the engagement, Applicant occasionally reviewed the status of

the account to keep all parties informed and ensure proper efficiency

procedures were in place.

17. Tax Return Preparation and Review

(a) Applicant prepared the 2008, 2009, 2010, 2011, 2012 and 2013 Federal

and Massachusetts tax returns for Debtor.

(b) The engagement for 2008 was to prepare a Federal consolidated return that

included four different companies: RLB; Lunt Silversmiths, Inc.; Cunill

USA, Inc. and RLB Cutlery, Inc. and four separate Massachusetts returns.

One for each of the companies listed above.

(c) The initial work was to reconcile the tax returns to the financial

statements. The tax returns showed accounts such as additional paid in

capital that were not reflected on the financial records. Significant time

was spent reconciling the two different sets of information. Applicant was

not able to reconcile each variance so discussions were held on how best

to report the information on the tax returns.

(d) The depreciation records also had to be reconciled for differences between

the financial/book accumulated depreciation and the tax accumulated

depreciation.

(e) The financial records then had to be adjusted for any differences between

how the financial reporting treated various items and how tax reporting

treated those same items. Examples of the differences would be only 50%

of any meals expense is deductible for the tax return while for financial

reporting 100% of the expense is deductible. Other examples are

differences in depreciation expense and certain penalties are not deductible

expenses for the tax return.

(f) The next step was to group the hundreds of individual accounts that each

company had into groups that could then be reported on the individual tax

returns. After the accounts were grouped, those groups now had to be

linked to a specific line on the tax returns and the subsidiary forms and

schedules that must be prepared to filed a complete and accurate return.

(g) All carryover items had to be reconciled to the prior year returns in

particular net operating losses being carried over to 2008 had to be

verified.

(h) Once the return was prepared an experienced tax manager had to review

all the individual steps that the preparer as done to create the four

individual tax returns and the consolidated Federal income tax return. Both

the Federal and state tax returns.

(i) This same process was repeated for each subsequent year. As activity

within each of the companies ceased, the preparation of the returns became

much easier.

18. In performing these services from April 2010 through June 2014, Applicant spent

958.56 hours, incurring time charges of $179,388.00 and expenses in the amount of $367.27. An

itemized statement for services rendered and expenses incurred is annexed hereto as Exhibit "C".

19. Annexed hereto as Exhibit "D" is biographical data regarding the Applicant's

qualifications.

REQUEST TO LIMIT NOTICE

20. Request is hereby made to limit notice regarding this Application upon the individuals

and entities served with this Application, which are as follows: the U.S. Trustee, the Debtor, the

top twenty unsecured creditors, the creditors committee, Gary Weiner, Esquire as counsel to the

creditors committee, the Massachusetts Department of Revenue, the Internal Revenue Service

and all attorneys who have filed appearances in this case.

21. The Applicant submits that due to the nature of this Application, no further service is

necessary.

WHEREFORE, Kirkland, Albrecht & Fredrickson, LLC respectfully prays:

1. That this Court approve compensation for fees in the amount of $179,388.00 and

expenses in the amount of $367.27;

2. That this Court approve the limited notice requested herein; and

3. For such further relief as this Court deems just and proper.

Dated this 6 "4 day of February, 2015.

KIRKLAND, ALBRECHT & FREDRICKSON, LLC

BY: ZAA1 IMar aret FredricksonKirkland, Albrecht & Fredrickson, LLC

09 \0185\Accountant\2015 Updated Information for Fee app \Accountant.Compensation.2015

EXHIBIT A

EXHIBIT B

Initial engagement/planning/site

visits/CPA transitionReconciliation/

bookkeeping work

Monthly financial

statement preparation

Monthly financial

statement review

2008 tax return prep

2008 tax return review










2013 Tax Review

Conference Call/Client

Correspondence

Review of Account Status/ Billing Summary Prep

Tax Research Total

Feb-April 2010 17,346.50 17,346.50 May 2010 8,017.50 8,017.50 June 2010 11,395.77 11,395.77 July 2010 5,176.00 7,852.50 200.00 13,228.50 August 2010 5,760.50 1,875.00 4,690.00 300.00 12,625.50 September 2010 4,225.00 512.00 845.00 320.00 4,267.50 75.00 10,244.50 October 2010 1,575.00 1,125.00 1,295.00 320.00 800.00 5,115.00 November 2010 695.00 320.00 2,850.00 1,462.50 210.00 2,915.00 8,452.50 December 2010 200.00 695.00 320.00 510.00 1,725.00

January 2011 210.00 260.00 40.00 225.00 976.50 1,711.50 February 2011 290.00 40.00 564.00 2,355.00 220.50 60.00 19.50 3,549.00 March 2011 305.00 60.00 300.00 469.00 1,134.00 April 2011 350.00 92.50 2,875.00 32.50 162.50 3,512.50 May 2011 260.00 40.00 2,230.00 7,813.00 744.00 384.00 1,596.00 13,067.00 June 2011 290.00 60.00 5,160.00 5,777.00 11,287.00 July 2011 990.00 305.00 60.00 1,045.83 1,301.25 360.83 551.25 360.83 4,975.00 August 2011 1,200.00 770.00 80.00 1,090.83 1,593.33 2,479.83 1,953.33 2,670.83 813.33 912.00 13,563.50 September 2011 450.00 305.00 60.00 2,015.00 3,063.00 3,365.00 94.50 9,352.50 October 2011 305.00 40.00 325.00 670.00 November 2011 275.00 60.00 335.00 December 2011 260.00 40.00 300.00

January 2012 420.00 275.00 40.00 900.00 1,635.00 February 2012 290.00 60.00 1,320.00 840.00 227.50 292.50 3,030.00 March 2012 260.00 1,830.00 1,862.50 3,952.50 April 2012 260.00 137.50 97.50 495.00 May 2012 275.00 105.00 32.50 97.50 510.00 June 2012 275.00 40.00 315.00 July 2012 290.00 40.00 330.00 August 2012 275.00 60.00 105.00 440.00 September 2012 260.00 40.00 300.00 October 2012 290.00 80.00 370.00 November 2012 305.00 60.00 70.00 435.00 December 2012 290.00 60.00 140.00 490.00

January 2013 245.00 40.00 285.00 February 2013 275.00 40.00 140.00 455.00 March 2013 305.00 60.00 2,442.50 945.00 3,752.50 April 2013 275.00 40.00 315.00 May 2013 290.00 60.00 400.00 120.00 870.00 June 2013 230.00 40.00 270.00 July 2013 260.00 60.00 320.00 August 2013 260.00 40.00 300.00 September 2013 275.00 40.00 315.00 October 2013 230.00 60.00 290.00 November 2013 275.00 60.00 335.00 December 2013 245.00 40.00 285.00

January 2014 230.00 40.00 2,247.50 3,150.00 120.00 5,787.50 February 2014 290.00 60.00 - 210.00 560.00 March 2014 305.00 60.00 135.00 315.00 815.00 April 2014 275.00 40.00 315.00 May 2014 245.00 60.00 305.00 June 2014 230.00 40.00 270.00

53,496.27 14,834.50 15,590.00 3,555.00 21,587.33 19,043.17 8,151.08 6,641.67 9,991.08 1,558.17 4,050.00 2,800.00 2,442.50 945.00 2,382.50 3,675.00 2,222.00 4,282.00 2,508.00 179,755.27

Expenses 367.27 - - - - - - - - - - - - - - - - - - - 367.27

Net without expenses 53,129.00 14,834.50 15,590.00 3,555.00 21,587.33 19,043.17 8,151.08 6,641.67 9,991.08 1,558.17 4,050.00 2,800.00 2,442.50 945.00 2,382.50 3,675.00 2,222.00 4,282.00 2,508.00 - 179,388.00

EXHIBIT C

Date Accountant Hours Rate Amount Description of Services

2/25/2010 Fredrickson, Margaret 1.00 295.00 295.00 Initial conference call to review case from Attorney Ed Sabella2/25/2010 Hinchey, Michael 1.00 250.00 250.00 Initial conference call to review case from Attorney Ed Sabella (see

above)2/25/2010 Walcott, Celeste 1.00 200.00 200.00 Initial conference call to review case from Attorney Ed Sabella (see

above)No charge -1.00 -200.00

4/12/2010 Hinchey, Michael 2.50 250.00 625.00 Evaluated and reviewed KAF firm independence regarding caseNo charge -2.50 -625.00

4/12/2010 Walcott, Celeste 2.50 200.00 500.00 Evaluated and reviewed KAF firm independence regarding caseNo charge -2.50 -500.00

4/12/2010 Fredrickson, Margaret 2.50 295.00 737.50 Evaluated and reviewed KAF firm independence regarding case4/12/2010 Fredrickson, Margaret 3.40 295.00 1003.00 Meeting to discuss scheduling and travel, scope of activities for the

next day and bankruptcy needs.4/12/2010 Hinchey, Michael 3.40 250.00 850.00 Meeting to prepare for bankruptcy case(see above)4/12/2010 Walcott, Celeste 3.40 200.00 680.00 Meeting to prepare for bankruptcy case(see above)

No charge -3.40 -680.004/13/2010 Walcott, Celeste 5.00 200.00 1000.00 Travel time incurred to and from meeting

No charge -5.00 -1000.004/13/2010 Keefe, Haley 5.00 100.00 500.00 Travel time incurred to and from meeting

No charge -5.00 -500.004/13/2010 Fredrickson, Margaret 5.00 295.00 1475.00 Travel time incurred to and from meeting

No charge -5.00 -1475.004/13/2010 Fredrickson, Margaret 5.00 295.00 1475.00 Time charges of Ms. Fredrickson, Ms. Walcott and Ms. Keefe related

to the initial visit to review engagement and the introduction to Mr. Lunt and Ms. Dyer. Time charges include review of historical data with Ms. Fredrickson and Mr. Lunt and review of software and general ledger. Time charges also include review of the last quarter of 2009 Trustee Certificates prepared and first quarter of 2010.

4/13/2010 Walcott, Celeste 5.00 200.00 1000.00 Initial meeting with Mr. Lunt (see above)4/13/2010 Keefe, Haley 5.00 100.00 500.00 Initial meeting with Mr. Lunt (see above)4/13/2010 Walcott, Celeste 1.00 200.00 200.00 Met with Richard Powell, CPA to discuss status of unfiled tax returns

and why they did not complete audit.4/13/2010 Keefe, Haley 1.00 100.00 100.00 Met with Richard Powell, CPA to discuss status of unfiled tax returns

and why they did not complete audit.4/13/2010 Fredrickson, Margaret 1.00 295.00 295.00 Met with Richard Powell, CPA to discuss status of unfiled tax returns

and why they did not complete audit.4/22/2010 Keefe, Haley 8.00 100.00 800.00 Organizing and processing the information obtained from our site visit

to Lunt and updating the system.4/22/2010 Walcott, Celeste 6.50 200.00 1300.00 Setting up KAF client files4/26/2010 Walcott, Celeste 6.50 200.00 1300.00 Opening Engagement files with KAF IT, updating client IDs4/27/2010 Hinchey, Michael 0.70 250.00 175.00 Conference call with Ed and Alex

Initial Engagement Planning and Prior Accountant Transition

EXHIBIT C

4/27/2010 Walcott, Celeste 0.70 200.00 140.00 Conference call with Ed and AlexNo charge -0.70 -140.00

4/27/2010 Fredrickson, Margaret 0.70 295.00 206.50 Conference call with Ed and Alex4/27/2010 Walcott, Celeste 4.60 200.00 920.00 Meetings to analyze work to be done and draft request to court to

expand servicesNo charge -4.60 -920.00

4/27/2010 Hinchey, Michael 4.60 250.00 1150.00 Meetings to analyze work to be done and draft request to court to expand services

4/27/2010 Fredrickson, Margaret 4.60 295.00 1357.00 Meetings to analyze work to be done and draft request to court to expand services

4/28/2010 Hinchey, Michael 3.20 250.00 800.00 Time charges of Ms. Fredrickson, Mr. Hinchey and Ms. Walcott related to the review of the case and list of procedures.

4/28/2010 Walcott, Celeste 3.20 200.00 640.00 Time charges of Ms. Fredrickson, Mr. Hinchey and Ms. Walcott related to the review of the case and list of procedures.

No charge -3.20 -640.004/28/2010 Fredrickson, Margaret 3.20 295.00 944.00 Time charges of Ms. Fredrickson, Mr. Hinchey and Ms. Walcott

related to the review of the case and list of procedures.4/28/2010 Walcott, Celeste 3.00 200.00 600.00 Meeting to review steps needed to gather and process information to

prepare Trial balance and Tax returns.No charge -3.00 -600.00

4/28/2010 Fredrickson, Margaret 3.00 295.00 885.00 Meeting to review steps needed to gather and process information to prepare Trial balance and Tax returns.

4/28/2010 Hinchey, Michael 3.00 250.00 750.00 Meeting to review steps needed to gather and process information to prepare Trial balance and Tax returns.

4/30/2010 Walcott, Celeste 3.30 200.00 660.00 Updating list of procedures and engagement planningNo charge -3.30 -660.00

4/30/2010 Fredrickson, Margaret 3.30 295.00 973.50 Updating list of procedures and engagement planning5/3/2010 Hinchey, Michael 3.50 250.00 875.00 Review what was sent to attorney, find consolidated returns and

review who was included5/4/2010 Hinchey, Michael 2.50 250.00 625.00 Meeting to discuss response to letter from attorney, review and update

affidavit5/4/2010 Walcott, Celeste 2.50 200.00 500.00 Meeting to discuss response to letter from attorney, review and update

affidavitNo charge -2.50 -500.00

5/4/2010 Fredrickson, Margaret 2.50 295.00 737.50 Meeting to discuss response to letter from attorney, review and update affidavit

5/5/2010 Hinchey, Michael 1.30 250.00 325.00 Conference call with Attorney to discuss revised scope of service letter

5/5/2010 Fredrickson, Margaret 1.30 295.00 383.50 Conference call with Attorney to discuss revised scope of service letter

5/27/2010 Fredrickson, Margaret 7.40 295.00 2183.00 Supervision and review of work performed by Mr. Hinchey, Ms. Walcotte and Ms. Drum.

5/28/2010 Drum, Stephanie 5.30 250.00 1325.00 Meeting to review all of the files to determine our ability to complete the tax returns based upon the information provided to us currently relating to the scope of the engagement

No charge -5.30 -1325.005/28/2010 Hinchey, Michael 5.30 250.00 1325.00 Meeting to review all of the files to determine our ability to complete

the tax returns based upon the information provided to us currently relating to the scope of the engagement

5/28/2010 Fredrickson, Margaret 5.30 295.00 1563.50 Meeting to review all of the files to determine our ability to complete the tax returns based upon the information provided to us currently relating to the scope of the engagement

6/2/2010 Macquarrie, Barry 5.50 250.00 1375.00 Travel time to and from client siteNo charge -5.50 -1375.00

6/2/2010 Macquarrie, Barry 0.00 0.00 114.89 Mileage reimbursement to/from Greenfield6/2/2010 Macquarrie, Barry 3.00 250.00 750.00 Meeting with Jim Lunt and representative from their accounting to

learn about the accounting and computer systems used by Lunt. 6/7/2010 Hinchey, Michael 3.00 250.00 750.00 Meeting to review with the facts and reasons for the need for a

change in the scope of services and the rules under reg 1.1 502-6 and -75

6/7/2010 Drum, Stephanie 3.00 250.00 750.00 Meeting to review with the facts and reasons for the need for a change in the scope of services and the rules under reg 1.1 502-6 and -75

No charge -3.00 -750.006/7/2010 Muster, Alan 3.00 250.00 750.00 Meeting to review with the facts and reasons for the need for a

change in the scope of services and the rules under reg 1.1 502-6 and -75

6/7/2010 Hinchey, Michael 1.50 250.00 375.00 Meeting to discuss necessity for filing tax returnsNo charge -1.50 -375.00

6/7/2010 Fredrickson, Margaret 1.50 295.00 442.50 Meeting to discuss necessity for filing tax returns6/7/2010 Kirkland, Ken 1.50 295.00 442.50 Meeting to discuss necessity for filing tax returns6/7/2010 Walcott, Celeste 1.30 200.00 260.00 Conference call with Attorney to discuss revised scope of service

letter6/8/2010 Berardi, Edward 2.00 295.00 590.00 Meetings to review tax returns and develop strategy regarding

consolidated tax returns and potential to file separately. Update Peg.

6/8/2010 Drum, Stephanie 2.00 250.00 500.00 Meetings to review tax returns and develop strategy regarding consolidated tax returns and potential to file separately. Update Peg.

No charge -2.00 -500.006/8/2010 Hinchey, Michael 2.00 250.00 500.00 Meetings to review tax returns and develop strategy regarding

consolidated tax returns and potential to file separately. Update Peg.

6/9/2010 Hinchey, Michael 2.30 250.00 575.00 Meeting with Ms. Fredrickson and Ms. Drum to discuss strategy6/9/2010 Fredrickson, Margaret 2.30 295.00 678.50 Meeting with Mr. Hinchey and Ms. Drum to discuss strategy6/9/2010 Drum, Stephanie 2.30 250.00 575.00 Meeting with Mr. Hinchey and Ms. Fredrickson to discuss strategy

No charge -2.30 -575.006/9/2010 Hinchey, Michael 1.50 250.00 375.00 Draft outline on sale and get it approved6/10/2010 Drum, Stephanie 7.00 250.00 1750.00 Travel time/bankruptcy court date in regards to expanded services and

consolidated tax returnsNo charge -7.00 -1750.00

6/10/2010 Fredrickson, Margaret 7.00 295.00 2065.00 Bankruptcy court appearance6/10/2010 Drum, Stephanie 0.00 0.00 68.75 Mileage reimbursement bankruptcy court date 6/10/2010 Fredrickson, Margaret 5.00 295.00 1475.00 Travel time/bankruptcy court date

No charge -5.00 -1475.006/10/2010 Fredrickson, Margaret 0.00 0.00 68.75 Mileage reimbursement bankruptcy court date

6/14/2010 Macquarrie, Barry 4.00 250.00 1000.00 Conference call with representatives from Advanced System Integrators to discuss transfer of computer systems.

6/22/2010 Hinchey, Michael 0.90 250.00 225.00 Looking for records, discuss with Stephanie and call to attorney6/28/2010 Macquarrie, Barry 5.50 250.00 1375.00 Travel time to and from client site

No charge -5.50 -1375.006/28/2010 Macquarrie, Barry 0.00 0.00 114.88 Mileage reimbursement to/from Greenfield6/28/2010 Macquarrie, Barry 6.50 250.00 1625.00 Meeting with representatives from Advanced System Integrators to

move servers from Greenfield location to office in Braintree.7/12/2010 Hinchey, Michael 1.80 250.00 450.00 Various issues7/13/2010 Hinchey, Michael 1.50 250.00 375.00 Meeting to discuss bankruptcy case and consolidated tax retun with

Lori Najar. 7/13/2010 Najjar, Lori 1.50 150.00 225.00 Meeting to discuss bankruptcy case and consolidated tax retun with

Mike Hinchey. 7/26/2010 Hinchey, Michael 1.80 250.00 450.00 Review Wells Fargo Loan and discuss with Ms. Fredrickson7/26/2010 Fredrickson, Margaret 1.80 295.00 531.00 Review Wells Fargo Loan and discuss with Mr. Hinchey7/26/2010 Hinchey, Michael 0.70 250.00 175.00 Meeting with Ms. Fredrickson and Pat Furnari7/30/2010 Henry, Mark 6.00 200.00 1200.00 Meeting with Peg to review 2010 profit and loss statement. Review of

liquidation event during 2010 to ensure proper accounting treatment. Liquidation affected approximately 100 accounts.

7/30/2010 Fredrickson, Margaret 6.00 295.00 1770.00 Analysis of 2010 profit and loss information. Reconciliation of intercompany accounts. Review of journal entries, specifically liquidation of inventory that occurred earlier in the year

8/4/2010 Hinchey, Michael 1.20 250.00 300.00 Discuss with Ms. Fredrickson history of Wells Fargo loan8/4/2010 Fredrickson, Margaret 1.20 295.00 354.00 Discuss with Mr. Hinchey history of Wells Fargo loan8/5/2010 Hinchey, Michael 0.50 250.00 125.00 Phone call to William Philbrick regarding Wells Fargo loan8/6/2010 Fredrickson, Margaret 1.40 295.00 413.00 Meeting to transfer information to Mark. Includes details about the

Company in general, the bankruptcy filing, unfiled tax returns, Wells Fargo transactions, Greenfield Commercial loan and need to file the 6/30/10 Trustee report for Peg.

8/6/2010 Henry, Mark 1.40 200.00 280.00 Meeting to transfer information to Mark. Includes details about the Company in general, the bankruptcy filing, unfiled tax returns, Wells Fargo transactions, Greenfield Commercial loan and need to file the 6/30/10 Trustee report for Peg.

No charge -1.40 -280.008/6/2010 Najjar, Lori 1.40 150.00 210.00 Meeting to transfer information to Mark. Includes details about the


No charge -1.40 -210.008/6/2010 Hinchey, Michael 1.40 250.00 350.00 Meeting to transfer information to Mark. Includes details about the


8/12/2010 Hinchey, Michael 1.30 250.00 325.00 Discussion with Ms. Fredrickson and Mr. Henry regarding what steps need to be taken to provide the necessary information to the court and what issues may arise in conversation with Al Cabot.

8/12/2010 Fredrickson, Margaret 1.30 295.00 383.50 Discussion with Mr. Hinchey and Mr. Henry regarding what steps need to be taken to provide the necessary information to the court and what issues may arise in conversation with Al Cabot.

8/12/2010 Henry, Mark 1.30 200.00 260.00 Discussion with Mr Hinchey and Ms Fredrickson regarding what steps need to be taken to provide the necessary information to the court and what issues may arise in conversation with Al Cabot.

No charge -1.30 -260.008/17/2010 Henry, Mark 2.10 200.00 420.00 Meeting with Al Cabot to discuss the timeline of events and the

deliverables for the bankruptcy case.8/17/2010 Hinchey, Michael 2.10 250.00 525.00 Meeting with Al Cabot to discuss the timeline of events and the

deliverables for the bankruptcy case.8/17/2010 Henry, Mark 1.00 200.00 200.00 Pre meeting with Mr. Hinchey and Ms. Fredrickson

No charge -1.00 -200.008/17/2010 Fredrickson, Margaret 1.00 295.00 295.00 Pre meeting with Mr. Hinchey and Mark Henry8/17/2010 Hinchey, Michael 1.00 250.00 250 Pre meeting with Ms. Fredrickson and Mark Henry8/20/2010 Henry, Mark 2.10 200.00 420 Coordination of authorization form from Jim Lunt8/24/2010 Hinchey, Michael 4.00 250.00

1000Review history with Mary Beth to prepare her to create the 2008 tax return

8/24/2010 Scott, Mary-Beth 4.00 150.00

600

Sitting with Mike H. going over entity structure, history of case and tying out all prior year numbers for 2008 tax return preparation.

9/22/2010 Henry, Mark 1.40 200.00

280

Multiple phone calls and email attempts to reach Wells Fargo and Greenfield Commercial Credit to obtain loan documents. Also gathering information for Ed Sabella regarding Finlay enterprises AR balance due to Lunt to validate a proof of claim.

9/22/2010 Henry, Mark 0.50 200.00100

Discussion with Mr. Hinchey and Mr. Henry re Wells Fargo and Greenfield lender issues

9/22/2010 Hinchey, Michael 0.50 315.00157.5

Discussion with Mr. Hinchey and Mr. Henry re Wells Fargo and Greenfield lender issues

9/22/2010 Henry, Mark 5.50 200.001100

Review of Wells Fargo agreements to determine collateral and holder of the note. Discussion with Mike Ruberto of Wells Fargo.

9/22/2010 Fredrickson, Margaret 5.50 325.001787.5

Review of Wells Fargo agreements to determine collateral and holder of the note. Discussion with Mike Ruberto of Wells Fargo.

9/27/2010 Henry, Mark 4.00 200.00800

Summarize and review required detail analysis of time for Bankruptcy proceedings

10/12/2010 Henry, Mark 3.00 200.0000600

Meeting with Ms. Fredrickson, Ms. Najar, Ms. Donaher and Mr. Henry to discuss approach for monthly reports.

10/12/2010 Donaher, Diane 3.00 150.0000450

Meeting with Ms. Fredrickson, Ms. Najar, Ms. Donaher and Mr. Henry to discuss approach for monthly reports.

No charge -3.00 -450.0010/12/2010 Najjar, Lori 3.00 140.0000

420Meeting with Ms. Fredrickson, Ms. Najar, Ms. Donaher and Mr. Henry to discuss approach for monthly reports.

No charge -3.00 -420.0010/29/2010 Fredrickson, Margaret 3.00 325.0000

975Meeting with Ms. Fredrickson, Ms. Najar, Ms. Donaher and Mr. Henry to discuss approach for monthly reports.

Accountant Level Hours Rate Total Charges

Berardi, Edward Partner 2.00 295.00 590.00 Fredrickson, Margaret Partner 67.70 295.00 19,971.50 Fredrickson, Margaret Partner 8.50 325.00 2,762.50 Henry, Mark Senior Manager 24.60 200.00 4,920.00 Hinchey, Michael Tax Director 55.50 250.00 13,875.00 Hinchey, Michael Tax Director 0.50 315.00 157.50 Keefe, Haley Staff Accountant 14.00 100.00 1,400.00 Kirkland, Ken Partner 1.50 295.00 442.50 Macquarrie, Barry IT Consultant 13.50 250.00 3,375.00 Muster, Alan Partner 3.00 250.00 750.00 Najjar, Lori Senior Accountant 1.50 150.00 225.00 Scott, Mary-Beth Senior Accountant 4.00 150.00 600.00 Walcott, Celeste Manager 20.30 200.00 4,060.00 Mileage 367.27

Total Professional Services 53,496.27

-

Recap of Professional Services


7/13/2010 Najjar, Lori 2.20 150.00 330.00 Reviewed prior accountant work papers from 2007 audit binder to gain an understanding of the Company.

7/13/2010 Najjar, Lori 2.30 150.00 345.00 Reviewed computer software, including the Epicor Accounting package and Frx reporting software, and identified how to run various reports and financial statements.

7/14/2010 Najjar, Lori 1.00 150.00 150.00 Reviewed 2007 tax filed tax consolidated tax return to gain a further understanding of the Company and what we needed to do to file the 2008 consolidated return.

7/14/2010 Najjar, Lori 2.00 150.00 300.00 Ran various reports from cleint computer including the 2007 g/l detail from the Epicor system and 2007 income statement and balance sheet from FRx.

7/14/2010 Najjar, Lori 2.00 150.00 300.00 Exported the g/l detail to excel and traced and agreed all amounts to the 2007 FRx reports to determine if the reports were running properlyand identified any variances. Then compared these numbers to that of the 2007 tax return and identified any variances. Determined the trial balance from Epicor included both Lunt Silversmith plus Cunnill.

7/14/2010 Najjar, Lori 1.00 150.00 150.00 Summarized results and communicated them to Mike Hinchey in the tax department.

7/15/2010 Najjar, Lori 2.60 150.00 390.00 Analyzed 2008 numbers and compared to prior year work papers in the binder obtained from the prior accountant.

7/15/2010 Najjar, Lori 2.70 150.00 405.00 Exported the g/l detail from the Epicor system for 2008. Compared GL detail to the trial balance from the prior accountant and noted a variance in net income. Researched variance and determined its cause (audit entry from prior accountant).

7/16/2010 Najjar, Lori 2.00 150.00 300.00 Using the prior accountant trial balance, reviewed activity and balance sheet accounts. Specifically looking at the notes payable account and intercompany balances.

7/16/2010 Najjar, Lori 2.00 150.00 300.00 Spoke with Mike Hinchey regarding the transactions that he understood occurred within the Wells Fargo loan and subsequent refinance with Greenfield Commercial. Mike requested more detail regarding the notes payable transactions.

7/19/2010 Najjar, Lori 2.00 150.00 300.00 Reconciled retained earnings for 2008. 7/19/2010 Najjar, Lori 3.00 150.00 450.00 Reviewed intercompany balances and prepared intercompany

reconciliation. Noted intercompany had a variance and tried to investigate.

7/19/2010 Najjar, Lori 0.50 150.00 75.00 Re-group with Peg Fredrickson regarding what Mike & I had found and where to go from there. Peg to follow up with various contacts / lawyers, etc.

Account Reconciliation and Bookkeeping

7/20/2010 Najjar, Lori 1.00 150.00 150.00 Searched computer for information for June 2010 P&L information needed for the trustee report. Concluded all input into the Epicor software ended in April 2010. Communicated this information with Peg Fredrickson who will call the bank to request bank statements so we could prepare a P&L from this activity.

7/20/2010 Najjar, Lori 1.50 150.00 225.00 Spent time on computer figuring out how to download specific g/l activity and transactions for the g/l account related to the Wells Fargo loan. Exported information and transactions to adobe files.

7/20/2010 Najjar, Lori 1.50 150.00 225.00 Created spreadsheet that listed all detail of transactions that were booked to the note payable (Wells Fargo) account. Analyzed this detail and determined what the other side of the transaction was (i.e.. intercompany, interest, bank fees, pay downs, etc) by searching the journal entry number in the Epicor system.

7/21/2010 Najjar, Lori 0.50 150.00 75.00 Reviewed and searched for work papers from the prior accountant pertaining to the Greenfield Commercial loan

7/21/2010 Najjar, Lori 0.50 150.00 75.00 Downloaded the specific g/l activity and transactions for the note payable account for Greenfield Commercial.

7/21/2010 Najjar, Lori 1.00 150.00 150.00 Started to analyze transactions in the g/l activity of this account in the same manner described above for the Wells Fargo account.

7/22/2010 Najjar, Lori 1.00 150.00 150.00 Completed analysis of transactions occurring in the Greenfield note payable account. Tried to research in 2008 work papers unexplained transactions.

7/22/2010 Najjar, Lori 1.50 150.00 225.00 Started to create cash flow statement for 2008 to try and explain cash transactions occurring, particularly within the loan or shareholder accounts. Investigated any variances in accounts and determined cash impact.

7/22/2010 Najjar, Lori 1.50 150.00 225.00 Reviewed results with Mike Hinchey and tried to identify unusual amounts and obtain a knowledge of what various g/l accounts were used for (i.e.. the “Wells Fargo Collateral Account”).

7/22/2010 Hinchey, Michael 1.50 250.00 375.00 Discuss with Lori - review schedule7/23/2010 Najjar, Lori 1.50 150.00 225.00 Completed cash flow statement and analysis of cash impact of the

change in the notes payable accounts and documented this information.

7/23/2010 Najjar, Lori 1.50 150.00 225.00 Communicated all open items and questions to Mike Hinchey and Peg Fredrickson. Shared information with cash flow statement. Prepared word doc with open items.

7/26/2010 Hinchey, Michael 1.50 250.00 375.00 Review records on computer7/26/2010 Fredrickson, Margaret 1.50 295.00 442.50 Review records on computer7/30/2010 Najjar, Lori 3.50 150.00 525.00 Researched in client system any operating activity for June 2010.

Attempted to tie out numbers from the general ledger detail of Lunt Silversmith per the system to Frx income statement reports. Ran reports for each month of 2010 (January to June) to determine the extent of activity included in the system for fiscal 2010.

7/30/2010 Najjar, Lori 2.60 150.00 390.00 No activity was noted for June 2010 in client system. Therefore, researched cash accounts in client system. Examined bank statements from 2009 and determined cash accounts and necessary personnel to contact for June 2010 activity including bank statements from TD Bank north.

8/10/2010 Henry, Mark 6.00 200.00 1,200.00 Booking journal entries and preparing for Jim 2010 Income Statementfor Lunt Silversmiths, Inc.

8/27/2010 Scott, Mary-Beth 4.00 150.00 600.00 Trial balance provided to us by predecessor accountant did not balance. Researching why and fixing.

8/31/2010 Najjar, Lori 0.50 150.00 75.00 Researched balance of Finlay enterprises for Mark Henry on computer & printed out customers activity report for Mark

9/1/2010 Najjar, Lori 0.20 140.00 28.00 Gathering financial statement information from the Lunt server for account reconciliation

9/2/2010 Najjar, Lori 0.60 140.00 84.00 Gathering financial statement information from the Lunt server for account reconciliation

9/2/2010 Henry, Mark 2.00 200.00 400.00 Gathering 2008, 2009, 2010 profit and loss statements from the server. Reviewing information to ensure accuracy.

10/12/2010 Najjar, Lori 1.50 140.00 210.00 Gathering financial statement information from the Lunt sever for account reconciliation



10/20/2010 Donaher, Diane 0.50 150.00 75.00 Research retained earnings variance12/10/2010 Henry, Mark 1.00 200.00 200.00 Review of bank statements and November operating report issues

1/7/2011 Najjar, Lori 1.50 140.00 210.00 Gathering financial statement information from the Lunt sever for account reconciliation for 2009 and 2010

7/11/2011 Donaher, Diane 3.00 150.00 450.00 Roll forward 2008 trial balances and record activity7/15/2011 Donaher, Diane 3.60 150.00 540.00 Reconcile account info to bank reports for 20098/8/2011 Donaher, Diane 2.50 150.00 375.00 Reconcile consolidated trial balance and monthly financial statements

8/29/2011 Donaher, Diane 3.00 150.00 450.00 Preparation of schedules to tie monthly stmt to trial balance8/30/2011 Donaher, Diane 2.50 150.00 375.00 Record trial balance entries for 2010 activity9/23/2011 Donaher, Diane 3.00 150.00 450.00 Reconcile cash and accrued expenses1/24/2012 Donaher, Diane 2.80 150.00 420.00 Record 2011 activity in trial balance


Donaher, Diane Senior Accountant 20.90 150.00 3,135.00 Fredrickson, Margaret Partner 1.50 295.00 442.50 Henry, Mark Senior Manager 9.00 200.00 1,800.00 Hinchey, Michael Tax Director 3.00 250.00 750.00 Najjar, Lori Senior Accountant 44.90 150.00 6,735.00 Najjar, Lori Senior Accountant 9.80 140.00 1,372.00 Scott, Mary-Beth Senior Accountant 4.00 150.00 600.00 Total Professional Services 14,834.50



2/10/2010 Henry, Mark 0.20 200.00 40.00 Email updates with Attorneys re: fees and other circumstances that need to be accounted for on the financial statements

9/9/2010 Henry, Mark 0.10 200.00 20.00 Request bank statement information from bank9/9/2010 Henry, Mark 0.10 200.00 20.00 Meeting to discuss monthly financial statement prep9/9/2010 Donaher, Diane 0.10 150.00 15.00 Meeting to discuss monthly financial statement prep9/9/2010 Henry, Mark 0.20 200.00 40.00 Email updates with attorneys re: fees and other circumstances that

need to be accoutned for on the financial statements9/10/2010 Donaher, Diane 5.00 150.00 750.00 Preparation of monthly financial statement for bankruptcy court10/12/2010 Henry, Mark 0.10 200.00 20.00 Request bank statement information from bank10/13/2010 Donaher, Diane 5.00 150.00 750.00 Preparation of monthly financial statement for bankruptcy court10/14/2010 Henry, Mark 0.10 200.00 20.00 Meeting to discuss monthly financial statement prep10/14/2010 Donaher, Diane 0.10 150.00 15.00 Meeting to discuss monthly financial statement prep10/14/2010 Henry, Mark 0.20 200.00 40.00 Email updates with Attorneys re: fees and other circumstances that

need to be accounted for on the financial statements10/14/2010 Donaher, Diane 3.00 150.00 450.00 Preparation of monthly financial statement for bankruptcy court11/8/2010 Henry, Mark 0.10 200.00 20.00 Request bank statement information from bank11/9/2010 Henry, Mark 0.10 200.00 20.00 Meeting to discuss monthly financial statement prep11/9/2010 Donaher, Diane 0.10 150.00 15.00 Meeting to discuss monthly financial statement prep11/9/2010 Henry, Mark 0.20 200.00 40.00 Email updates with Attorneys re: fees and other circumstances that




need to be accounted for on the financial statements2/13/2011 Donaher, Diane 1.30 150.00 195.00 Preparation of monthly financial statement for bankruptcy court3/10/2011 Donaher, Diane 0.10 150.00 15.00 Preparation of monthly financial statement for bankruptcy court3/10/2011 Henry, Mark 0.10 200.00 20.00 Request bank statement information from bank3/12/2011 Henry, Mark 0.10 200.00 20.00 Meeting to discuss monthly financial statement prep

Monthly Financial Statement Preparation

3/12/2011 Donaher, Diane 0.10 150.00 15.00 Meeting to discuss monthly financial statement prep3/12/2011 Henry, Mark 0.20 200.00 40.00 Email updates with Attorneys re: fees and other circumstances that


need to be accounted for on the financial statements4/15/2011 Donaher, Diane 1.20 150.00 180.00 Preparation of monthly financial statement for bankruptcy court4/15/2011 Donaher, Diane 0.50 150.00 75.00 Preparation of monthly financial statement for bankruptcy court5/8/2011 Henry, Mark 0.10 200.00 20.00 Request bank statement information from bank5/12/2011 Henry, Mark 0.10 200.00 20.00 Meeting to discuss monthly financial statement prep5/12/2011 Donaher, Diane 0.10 150.00 15.00 Meeting to discuss monthly financial statement prep5/12/2011 Henry, Mark 0.20 200.00 40.00 Email updates with Attorneys re: fees and other circumstances that




need to be accounted for on the financial statements8/15/2011 Donaher, Diane 1.50 150.00 225.00 Preparation of monthly financial statement for bankruptcy court8/30/2011 Donaher, Diane 3.00 150.00 450.00 Summarize Lunt TB with Financial statement schedule9/7/2011 Henry, Mark 0.10 200.00 20.00 Request bank statement information from bank9/12/2011 Henry, Mark 0.10 200.00 20.00 Meeting to discuss monthly financial statement prep9/12/2011 Donaher, Diane 0.10 150.00 15.00 Meeting to discuss monthly financial statement prep9/12/2011 Henry, Mark 0.20 200.00 40.00 Email updates with Attorneys re: fees and other circumstances that


need to be accounted for on the financial statements10/14/2011 Donaher, Diane 1.40 150.00 210.00 Preparation of monthly financial statement for bankruptcy court11/9/2011 Henry, Mark 0.10 200.00 20.00 Request bank statement information from bank

11/12/2011 Henry, Mark 0.10 200.00 20.00 Meeting to discuss monthly financial statement prep11/12/2011 Donaher, Diane 0.10 150.00 15.00 Meeting to discuss monthly financial statement prep11/12/2011 Henry, Mark 0.20 200.00 40.00 Email updates with Attorneys re: fees and other circumstances that








need to be accounted for on the financial statements6/15/2012 Donaher, Diane 1.20 150.00 180.00 Preparation of monthly financial statement for bankruptcy court7/9/2012 Henry, Mark 0.10 200.00 20.00 Request bank statement information from bank7/13/2012 Henry, Mark 0.10 200.00 20.00 Meeting to discuss monthly financial statement prep

7/13/2012 Donaher, Diane 0.10 150.00 15.00 Meeting to discuss monthly financial statement prep7/13/2012 Henry, Mark 0.20 200.00 40.00 Email updates with Attorneys re: fees and other circumstances that






need to be accounted for on the financial statements12/14/2012 Donaher, Diane 1.30 150.00 195.00 Preparation of monthly financial statement for bankruptcy court1/8/2013 Henry, Mark 0.10 200.00 20.00 Request bank statement information from bank1/11/2013 Henry, Mark 0.20 200.00 40.00 Email updates with Attorneys re: fees and other circumstances that

need to be accounted for on the financial statements1/11/2013 Henry, Mark 0.10 200.00 20.00 Meeting to discuss monthly financial statement prep1/11/2013 Donaher, Diane 0.10 150.00 15.00 Meeting to discuss monthly financial statement prep1/11/2013 Donaher, Diane 1.00 150.00 150.00 Preparation of monthly financial statement for bankruptcy court2/10/2013 Henry, Mark 0.10 200.00 20.00 Request bank statement information from bank2/12/2013 Henry, Mark 0.10 200.00 20.00 Meeting to discuss monthly financial statement prep2/12/2013 Donaher, Diane 0.10 150.00 15.00 Meeting to discuss monthly financial statement prep2/13/2013 Donaher, Diane 1.20 150.00 180.00 Preparation of monthly financial statement for bankruptcy court3/9/2013 Henry, Mark 0.10 200.00 20.00 Request bank statement information from bank3/11/2013 Henry, Mark 0.10 200.00 20.00 Meeting to discuss monthly financial statement prep3/11/2013 Donaher, Diane 0.10 150.00 15.00 Meeting to discuss monthly financial statement prep3/11/2013 Henry, Mark 0.20 200.00 40.00 Email updates with Attorneys re: fees and other circumstances that

need to be accounted for on the financial statements


3/13/2013 Donaher, Diane 1.40 150.00 210.00 Preparation of monthly financial statement for bankruptcy court4/9/2013 Henry, Mark 0.10 200.00 20.00 Request bank statement information from bank4/11/2013 Henry, Mark 0.10 200.00 20.00 Meeting to discuss monthly financial statement prep4/11/2013 Donaher, Diane 0.10 150.00 15.00 Meeting to discuss monthly financial statement prep4/11/2013 Henry, Mark 0.20 200.00 40.00 Email updates with Attorneys re: fees and other circumstances that

need to be accounted for on the financial statements4/12/2013 Donaher, Diane 1.20 150.00 180.00 Preparation of monthly financial statement for bankruptcy court5/7/2013 Henry, Mark 0.10 200.00 20.00 Request bank statement information from bank5/10/2013 Henry, Mark 0.10 200.00 20.00 Meeting to discuss monthly financial statement prep5/10/2013 Donaher, Diane 0.10 150.00 15.00 Meeting to discuss monthly financial statement prep5/13/2013 Donaher, Diane 1.30 150.00 195.00 Preparation of monthly financial statement for bankruptcy court5/13/2013 Henry, Mark 0.20 200.00 40.00 Email updates with Attorneys re: fees and other circumstances that

need to be accounted for on the financial statements6/10/2013 Henry, Mark 0.10 200.00 20.00 Request bank statement information from bank6/11/2013 Henry, Mark 0.10 200.00 20.00 Meeting to discuss monthly financial statement prep6/11/2013 Donaher, Diane 0.10 150.00 15.00 Meeting to discuss monthly financial statement prep6/11/2013 Henry, Mark 0.20 200.00 40.00 Email updates with Attorneys re: fees and other circumstances that





need to be accounted for on the financial statements10/14/2013 Donaher, Diane 0.90 150.00 135.00 Preparation of monthly financial statement for bankruptcy court11/12/2013 Henry, Mark 0.10 200.00 20.00 Request bank statement information from bank11/13/2013 Henry, Mark 0.10 200.00 20.00 Meeting to discuss monthly financial statement prep11/13/2013 Donaher, Diane 0.10 150.00 15.00 Meeting to discuss monthly financial statement prep


11/14/2013 Donaher, Diane 1.20 150.00 180.00 Preparation of monthly financial statement for bankruptcy court12/11/2013 Henry, Mark 0.10 200.00 20.00 Request bank statement information from bank12/12/2013 Henry, Mark 0.10 200.00 20.00 Meeting to discuss monthly financial statement prep12/12/2013 Donaher, Diane 0.10 150.00 15.00 Meeting to discuss monthly financial statement prep12/13/2013 Henry, Mark 0.20 200.00 40.00 Email updates with Attorneys re: fees and other circumstances that

need to be accounted for on the financial statements12/13/2013 Donaher, Diane 1.00 150.00 150.00 Preparation of monthly financial statement for bankruptcy court1/9/2014 Henry, Mark 0.10 200.00 20.00 Request bank statement information from bank1/10/2014 Henry, Mark 0.20 200.00 40.00 Email updates with Attorneys re: fees and other circumstances that

need to be accounted for on the financial statements1/10/2014 Henry, Mark 0.10 200.00 20.00 Meeting to discuss monthly financial statement prep1/10/2014 Donaher, Diane 0.10 150.00 15.00 Meeting to discuss monthly financial statement prep1/10/2014 Donaher, Diane 0.90 150.00 135.00 Preparation of monthly financial statement for bankruptcy court2/10/2014 Henry, Mark 0.10 200.00 20.00 Request bank statement information from bank2/12/2014 Henry, Mark 0.10 200.00 20.00 Meeting to discuss monthly financial statement prep2/12/2014 Donaher, Diane 0.10 150.00 15.00 Meeting to discuss monthly financial statement prep2/12/2014 Donaher, Diane 1.30 150.00 195.00 Preparation of monthly financial statement for bankruptcy court3/10/2014 Henry, Mark 0.10 200.00 20.00 Request bank statement information from bank3/10/2014 Henry, Mark 0.20 200.00 40.00 Email updates with Attorneys re: fees and other circumstances that

need to be accounted for on the financial statements3/12/2014 Henry, Mark 0.10 200.00 20.00 Meeting to discuss monthly financial statement prep3/12/2014 Donaher, Diane 0.10 150.00 15.00 Meeting to discuss monthly financial statement prep3/14/2014 Donaher, Diane 1.40 150.00 210.00 Preparation of monthly financial statement for bankruptcy court4/10/2014 Henry, Mark 0.10 200.00 20.00 Request bank statement information from bank4/10/2014 Henry, Mark 0.20 200.00 40.00 Email updates with Attorneys re: fees and other circumstances that



need to be accounted for on the financial statements6/12/2014 Henry, Mark 0.10 200.00 20.00 Meeting to discuss monthly financial statement prep6/12/2014 Donaher, Diane 0.10 150.00 15.00 Meeting to discuss monthly financial statement prep6/13/2014 Donaher, Diane 0.90 150.00 135.00 Preparation of monthly financial statement for bankruptcy court


Donaher, Diane Senior Accountant 79.40 150.00 11,910.00 Henry, Mark Senior Manager 18.40 200.00 3,680.00 Total Professional Services 15,590.00



9/22/2010 Henry, Mark 1.60 200.00 320.00 Review of monthly financial statement for bankruptcy court10/14/2010 Henry, Mark 1.60 200.00 320.00 Review of monthly financial statement for bankruptcy court11/15/2010 Henry, Mark 1.60 200.00 320.00 Review of monthly financial statement for bankruptcy court12/14/2010 Henry, Mark 1.60 200.00 320.00 Review of monthly financial statement for bankruptcy court1/13/2011 Henry, Mark 0.20 200.00 40.00 Review of monthly financial statement for bankruptcy court2/13/2011 Henry, Mark 0.20 200.00 40.00 Review of monthly financial statement for bankruptcy court3/14/2011 Henry, Mark 0.30 200.00 60.00 Review of monthly financial statement for bankruptcy court4/15/2011 Henry, Mark 0.30 200.00 60.00 Review of monthly financial statement for bankruptcy court4/20/2011 Fredrickson, Margaret 0.10 325.00 32.50 Review of monthly financial statement for bankruptcy court5/13/2011 Henry, Mark 0.20 200.00 40.00 Review of monthly financial statement for bankruptcy court6/15/2011 Henry, Mark 0.30 200.00 60.00 Review of monthly financial statement for bankruptcy court7/14/2011 Henry, Mark 0.30 200.00 60.00 Review of monthly financial statement for bankruptcy court8/15/2011 Henry, Mark 0.40 200.00 80.00 Review of monthly financial statement for bankruptcy court9/15/2011 Henry, Mark 0.30 200.00 60.00 Review of monthly financial statement for bankruptcy court10/14/2011 Henry, Mark 0.20 200.00 40.00 Review of monthly financial statement for bankruptcy court11/15/2011 Henry, Mark 0.30 200.00 60.00 Review of monthly financial statement for bankruptcy court12/14/2011 Henry, Mark 0.20 200.00 40.00 Review of monthly financial statement for bankruptcy court1/14/2012 Henry, Mark 0.20 200.00 40.00 Review of monthly financial statement for bankruptcy court2/14/2012 Henry, Mark 0.30 200.00 60.00 Review of monthly financial statement for bankruptcy court4/13/2012 Henry, Mark 0.20 200.00 40.00 Review of monthly financial statement for bankruptcy court4/16/2012 Fredrickson, Margaret 0.30 325.00 97.50 Review of email forward to MH5/13/2012 Henry, Mark 0.20 200.00 40.00 Review of monthly financial statement for bankruptcy court5/16/2012 Fredrickson, Margaret 0.20 325.00 65.00 Review worksheet and sent to MH for review6/15/2012 Henry, Mark 0.20 200.00 40.00 Review of monthly financial statement for bankruptcy court7/14/2012 Henry, Mark 0.20 200.00 40.00 Review of monthly financial statement for bankruptcy court8/15/2012 Henry, Mark 0.30 200.00 60.00 Review of monthly financial statement for bankruptcy court9/14/2012 Henry, Mark 0.20 200.00 40.00 Review of monthly financial statement for bankruptcy court10/12/2012 Henry, Mark 0.40 200.00 80.00 Review of monthly financial statement for bankruptcy court11/15/2012 Henry, Mark 0.30 200.00 60.00 Review of monthly financial statement for bankruptcy court12/14/2012 Henry, Mark 0.30 200.00 60.00 Review of monthly financial statement for bankruptcy court1/15/2013 Henry, Mark 0.20 200.00 40.00 Review of monthly financial statement for bankruptcy court2/13/2013 Henry, Mark 0.20 200.00 40.00 Review of monthly financial statement for bankruptcy court3/14/2013 Henry, Mark 0.30 200.00 60.00 Review of monthly financial statement for bankruptcy court4/12/2013 Henry, Mark 0.20 200.00 40.00 Review of monthly financial statement for bankruptcy court5/14/2013 Henry, Mark 0.30 200.00 60.00 Review of monthly financial statement for bankruptcy court6/11/2013 Henry, Mark 0.20 200.00 40.00 Review of monthly financial statement for bankruptcy court7/12/2013 Henry, Mark 0.20 200.00 40.00 Review of monthly financial statement for bankruptcy court8/14/2013 Henry, Mark 0.30 200.00 60.00 Review of monthly financial statement for bankruptcy court9/11/2013 Henry, Mark 0.20 200.00 40.00 Review of monthly financial statement for bankruptcy court10/15/2013 Henry, Mark 0.30 200.00 60.00 Review of monthly financial statement for bankruptcy court11/14/2013 Henry, Mark 0.30 200.00 60.00 Review of monthly financial statement for bankruptcy court

Monthly Financial Statement Review

12/13/2013 Henry, Mark 0.20 200.00 40.00 Review of monthly financial statement for bankruptcy court1/15/2014 Henry, Mark 0.20 200.00 40.00 Review of monthly financial statement for bankruptcy court2/12/2014 Henry, Mark 0.30 200.00 60.00 Review of monthly financial statement for bankruptcy court3/13/2014 Henry, Mark 0.30 200.00 60.00 Review of monthly financial statement for bankruptcy court4/14/2014 Henry, Mark 0.20 200.00 40.00 Review of monthly financial statement for bankruptcy court5/15/2014 Henry, Mark 0.30 200.00 60.00 Review of monthly financial statement for bankruptcy court6/13/2014 Henry, Mark 0.20 200.00 40.00 Review of monthly financial statement for bankruptcy court


Fredrickson, Margaret Partner 0.60 325.00 195.00 Henry, Mark Senior Manager 16.80 200.00 3,360.00 Total Professional Services 3,555.00



8/25/2010 Scott, Mary-Beth 8.00 150.00 1,200.00 Grouping all entity numbers to a proper account grouping - closely matching to prior year groups on tax return

8/26/2010 Scott, Mary-Beth 8.00 150.00 1,200.00 2008 tax return preparation. 8/27/2010 Scott, Mary-Beth 7.50 150.00 1,125.00 Lunt Silversmith tax return prep and research into APIC number not

on TB8/30/2010 Henry, Mark 2.00 200.00 400.00 Meeting with MaryBeth to discuss open items on 2008 tax return and

approach to reconcile variances. Discussion with Mike Hinchey and preparation of open items list to circulate to predecessor accountants and Jim Lunt.

8/30/2010 Scott, Mary-Beth 5.10 150.00 765.00 Lunt Silversmith entity M-3 work9/7/2010 Scott, Mary-Beth 1.20 150.00 180.00 Time charges of Ms. Scott related to the preparation of Corporate Tax

Returns.9/7/2010 Fredrickson, Margaret 3.50 325.00 1,137.50 Meeting with Ms. Scott and Ms. Fredrickson to review open items

relating to tax preparation.9/7/2010 Scott, Mary-Beth 3.50 150.00 525.00 Meeting with Ms. Scott and Ms. Fredrickson to review open items

relating to tax preparation.9/8/2010 Henry, Mark 4.00 200.00 800.00 Meeting with Ms. Fredrickson and Mr. Henry to discuss 2008 tax

return open issues. Call with Rick Powell. Call with Bill Philbrook.

9/8/2010 Fredrickson, Margaret 4.00 325.00 1,300.00 Meeting with Ms. Fredrickson and Mr. Henry to discuss 2008 tax return open issues. Call with Rick Powell. Call with Bill Philbrook.

9/9/2010 Fredrickson, Margaret 1.00 325.00 325.00 Time charges of Ms. Fredrickson to discuss 2008 tax return open issues

11/17/2010 Scott, Mary-Beth 1.00 150.00 150.00 Preparation of 2008 tax returns11/29/2010 Scott, Mary-Beth 12.00 150.00 1,800.00 Preparation of 2008 tax returns11/30/2010 Scott, Mary-Beth 6.00 150.00 900.00 Preparation of 2008 tax returns12/7/2010 Scott, Mary-Beth 3.40 150.00 510.00 2008 Tax return preparation1/22/2011 Scott, Mary-Beth 1.50 150.00 225.00 Discuss open items2/7/2011 Hinchey, Michael 0.80 315.00 252.00 Discussion of tax returns issues with Ms. Scott, Mr. Dargy and Mr.

Hinchey2/7/2011 Dargy, David 0.80 240.00 192.00 Discussion of tax returns issues with Ms. Scott, Mr. Dargy and Mr.

Hinchey2/7/2011 Scott, Mary-Beth 0.80 150.00 120.00 Discussion of tax returns issues with Ms. Scott, Mr. Dargy and Mr.

Hinchey5/2/2011 Donaher, Diane 3.00 150.00 450.00 Preparation of tax returns5/3/2011 Donaher, Diane 1.50 150.00 225.00 Preparation of tax returns5/5/2011 Hinchey, Michael 0.80 315.00 252.00 Meeting to discuss Greefield/Rogers & Lunt tax returns and filing

requirements5/5/2011 Dargy, David 0.80 240.00 192.00 Meeting to discuss Greefield/Rogers & Lunt tax returns and filing

requirements5/16/2011 Emonds, Roxanne 0.90 150.00 135.00 Preparation of 2008 tax returns with Mr. Hinchey

2008 Tax Return Preparation

5/16/2011 Dargy, David 0.80 240.00 192.00 Discuss 2008 tax return with Mr. Hinchey5/17/2011 Henry, Mark 0.80 200.00 160.00 Meeting with Mr. Hinchey, Mr. Dargy and Mr. Henry to discuss

approach to filing requirements5/17/2011 Hinchey, Michael 0.80 315.00 252.00 Meeting with Mr. Hinchey, Mr. Dargy and Mr. Henry to discuss

approach to filing requirements5/17/2011 Dargy, David 0.80 240.00 192.00 Meeting with Mr. Hinchey, Mr. Dargy and Mr. Henry to discuss

approach to filing requirements5/19/2011 Reed, Gregory 1.50 120.00 180.00 Tax return footnotes6/1/2011 Dargy, David 3.50 240.00 840.00 Preparation of consolidated return and revisions to stand- alone

workpapers6/6/2011 Dargy, David 5.50 240.00 1,320.00 Preparation of consolidated workpapers for allocations and revisions

for subsidiaries being liquidated into parent6/7/2011 Dargy, David 6.00 240.00 1,440.00 Revisions to tax returns for liquidated subsidiaries6/8/2011 Dargy, David 0.50 240.00 120.00 Revisions to consolidated tax returns6/23/2011 Dargy, David 6.00 240.00 1,440.00 Changes to consolidated return items8/19/2011 Fredrickson, Margaret 0.03 325.00 32.50 Check on status of tax returns for 2008, 2009 and 20108/23/2011 Dargy, David 1.67 240.00 1,200.00 Changes to tax returns for liquidation of two subsidiaries8/25/2011 Emonds, Roxanne 2.70 150.00 405.00 Preparing 2008 MA combined return8/25/2011 Blumberg, Brenda 0.70 75.00 52.50 Processing of 2008 tax return8/25/2011 Reed, Gregory 1.67 120.00 600.00 Enter Sub info into return8/29/2011 Blumberg, Brenda 0.30 75.00 22.50 Processing of 2008 tax return


Blumberg, Brenda Administrative Assistant 1.00 75.00 75.00 Dargy, David Tax Manager 26.37 240.00 6,328.00 Donaher, Diane Senior Accountant 4.50 150.00 675.00 Emonds, Roxanne Senior Tax Accountant 3.60 150.00 540.00 Fredrickson, Margaret Partner 8.53 325.00 2,773.33 Henry, Mark Senior Manager 6.80 200.00 1,360.00 Hinchey, Michael Tax Director 2.40 315.00 756.00 Reed, Gregory Senior Tax Accountant 3.17 120.00 380.00 Scott, Mary-Beth Senior Accountant 58.00 150.00 8,700.00 Total Professional Services 21,587.33



8/30/2010 Scott, Mary-Beth 2.00 150.00 300.00 Review of open points with Mark Henry9/8/2010 Emonds, Roxanne 0.50 150.00 75.00 Time charges of Ms. Emond related to the review of the preparation of

the corporate tax returns.11/29/2010 Fredrickson, Margaret 4.50 325.00 1,462.50 Review of 2008 tax returns1/21/2011 Hinchey, Michael 1.60 315.00 504.00 Review of tax returns1/22/2011 Hinchey, Michael 1.50 315.00 472.50 Review of tax returns5/3/2011 Hinchey, Michael 1.50 315.00 472.50 Review open issues with tax returns with Ms. Donaher5/5/2011 Donaher, Diane 0.80 150.00 120.00 Review tax return open issues5/6/2011 Henry, Mark 2.00 200.00 400.00 Review tax return open issues5/16/2011 Hinchey, Michael 8.00 315.00 2,520.00 Review 2008 tax return 5/16/2011 Scott, Mary-Beth 3.00 150.00 450.00 Review 2008 tax return with Mr. Hinchey5/17/2011 Henry, Mark 1.20 200.00 240.00 Review open issues re tax return filings5/19/2011 Hinchey, Michael 0.50 315.00 157.50 Review tax return changes to account for liquidation5/20/2011 Dargy, David 1.60 240.00 384.00 Review of 2009 and 2008 work papers with review of 2010 tax

returns5/23/2011 Dargy, David 8.00 240.00 1,920.00 Review of 2008 tax returns5/24/2011 Hinchey, Michael 0.60 315.00 189.00 Review of 2008 tax return issues with Mr. Dargy5/24/2011 Dargy, David 3.00 240.00 720.00 Review of 2008 tax returns5/26/2011 Dargy, David 1.00 240.00 240.00 Review of 2008 tax returns6/9/2011 Henry, Mark 1.00 200.00 200.00 Review 2008 tax returns with Mr. Dargy6/9/2011 Dargy, David 3.00 240.00 720.00 Revisions to consolidated tax returns6/20/2011 Dargy, David 6.00 240.00 1,440.00 Review of tax return work papers with review of tax returns6/21/2011 Dargy, David 9.00 240.00 2,160.00 Review of tax return work papers with review of tax returns6/22/2011 Dargy, David 2.50 240.00 600.00 Review of tax return work papers with review of tax returns6/30/2011 Donaher, Diane 1.00 150.00 150.00 Review 2008 tax returns with Mr. Dargy6/30/2011 Donaher, Diane 1.30 150.00 195.00 Review 2008 tax returns with Mr. Dargy6/30/2011 Dargy, David 1.30 240.00 312.00 Review 2008 tax returns with Ms. Donaher7/1/2011 Donaher, Diane 3.00 150.00 450.00 Review and revisions to 2008 tax returns7/11/2011 Fredrickson, Margaret 0.03 325.00 10.83 Review issues with tax returns7/14/2011 Donaher, Diane 1.50 150.00 225.00 2008 tax return review with Mr. Dargy7/14/2011 Dargy, David 1.50 240.00 360.00 2008 tax return review with Ms. Donaher8/24/2011 Dargy, David 1.00 240.00 240.00 Review workpapers and tax returns8/26/2011 Dargy, David 3.00 240.00 720.00 Review 2008 and 2009 returns8/29/2011 Henry, Mark 0.67 200.00 133.33 Review of detailed workpapers prepared by Ms. Donaher8/29/2011 Dargy, David 1.33 240.00 320.00 Review of assembled tax returns8/30/2011 Dargy, David 0.75 240.00 180.00 Review of 2008 and 2009 workpapers and returns

2008 Tax Return Review


Dargy, David Tax Manager 42.98 240.00 10,316.00 Donaher, Diane Senior Accountant 7.60 150.00 1,140.00 Emonds, Roxanne Senior Tax Accountant 0.50 150.00 75.00 Fredrickson, Margaret Partner 4.53 325.00 1,473.33 Henry, Mark Senior Manager 4.87 200.00 973.33 Hinchey, Michael Tax Director 13.70 315.00 4,315.50 Scott, Mary-Beth Senior Accountant 5.00 150.00 750.00 Total Professional Services 19,043.17



2/10/2011 Emonds, Roxanne 6.20 150.00 930.00 Preparation of 2009 tax returns2/11/2011 Emonds, Roxanne 9.50 150.00 1,425.00 Preparation of 2009 tax returns7/14/2011 Donaher, Diane 5.00 150.00 750.00 Preparation of 2009 tax return and adjustments needed7/20/2011 Donaher, Diane 0.65 150.00 97.50 Review/organize client info for 2009/20107/21/2011 Donaher, Diane 2.25 150.00 337.50 Summarize fixed asset sales and record adjusting entries7/21/2011 Donaher, Diane 0.38 150.00 56.25 Meeting with Mr. Dargy to review open issues of 2009 and 2010 tax

returns7/21/2011 Dargy, David 0.25 240.00 60.00 Meeting with Ms. Donaher to review open issues of 2009 and 2010

tax returns8/1/2011 Donaher, Diane 1.50 150.00 225.00 Preparation of 2009 tax return and adjustments needed8/1/2011 Donaher, Diane 0.80 150.00 120.00 Meeting with Mr. Dargy re open items for 20098/1/2011 Dargy, David 0.70 240.00 168.00 Meeting with Ms. Donaher re open items for 20098/3/2011 Donaher, Diane 3.20 150.00 480.00 Preparation of 2009 tax return and adjustments needed8/4/2011 Donaher, Diane 0.90 150.00 135.00 Update Trial balances for 2009 and 20108/4/2011 Donaher, Diane 0.50 150.00 75.00 Meeting with Mr. Dargy re open items for 2009 and 20108/4/2011 Dargy, David 0.50 240.00 120.00 Meeting with Ms. Donaher re open items for 2009 and 20108/5/2011 Donaher, Diane 3.00 150.00 450.00 Prepare trial balance summary for 2009 to end of year8/19/2011 Fredrickson, Margaret 0.03 325.00 10.83 Check on status of tax returns for 2008, 2009 and 20108/23/2011 Dargy, David 1.67 240.00 400.00 Changes to tax returns for liquidation of two subsidiaries8/24/2011 Reed, Gregory 0.80 120.00 96.00 Preparation of 2009 tax returns8/25/2011 Reed, Gregory 1.67 120.00 200.00 Enter Sub info into return9/7/2011 Donaher, Diane 0.50 150.00 75.00 Changes to 2009 tax returns9/13/2011 Emonds, Roxanne 1.00 150.00 150.00 Changes to 2009 tax returns9/13/2011 Donaher, Diane 1.50 150.00 225.00 Changes to 2009 tax returns9/15/2011 Povost, Christine 1.00 75.00 75.00 Processing tax returns9/15/2011 Henry, Mark 1.50 200.00 300.00 Assistance with tax return preparation9/16/2011 Barrett, Popi 1.75 240.00 420.00 2009 and 2010 tax return efile and changes needed9/16/2011 Hinchey, Michael 1.75 315.00 551.25 2009 and 2010 tax return efile and changes needed9/19/2011 Povost, Christine 0.25 75.00 18.75 Preparation of CD's for copies of tax returns9/27/2011 Henry, Mark 1.00 200.00 200.00 Assistance with tax return filings and signatures



Barrett, Popi Tax Manager 1.75 240.00 420.00 Dargy, David Tax Manager 3.12 240.00 748.00 Donaher, Diane Senior Accountant 20.18 150.00 3,026.25 Emonds, Roxanne Senior Tax Accountant 16.70 150.00 2,505.00 Fredrickson, Margaret Partner 0.03 325.00 10.83 Henry, Mark Senior Manager 2.50 200.00 500.00 Hinchey, Michael Tax Director 1.75 315.00 551.25 Povost, Christine Tax Administrator 1.25 75.00 93.75 Reed, Gregory Senior Tax Accountant 2.47 120.00 296.00




2/7/2011 Drum, Stephanie 0.10 315.0000 31.50 Review of loan accounts2/11/2011 Hinchey, Michael 0.60 315.0000 189.00 Review of issues with 2009 tax returns3/11/2011 Emonds, Roxanne 2.00 150.0000 300.00 Review of intercompany receivables and effect on MA tax5/19/2011 Dargy, David 1.50 240.0000 360.00 Review of 2009 workpapers5/20/2011 Dargy, David 1.60 240.0000 384.00 Review of 2009 and 2008 work papers with review of 2010 tax returns7/11/2011 Fredrickson, Margaret 0.03 325.0000 10.83 Review issues with tax returns7/20/2011 Henry, Mark 1.00 200.0000 200.00 Review 2009/2010 open issues with Ms. Donaher7/21/2011 Donaher, Diane 1.00 150.0000 150.00 Review 2009/2010 open issues with Mr. Henry8/9/2011 Dargy, David 1.00 240.0000 240.00 Review 2009 tax return workpapers8/9/2011 Dargy, David 0.50 240.0000 120.00 Review of 2009 and 2010 tax returns8/24/2011 Dargy, David 1.00 240.0000 240.00 Review workpapers and tax returns8/26/2011 Dargy, David 3.00 240.0000 720.00 Review 2008 and 2009 returns8/29/2011 Henry, Mark 0.67 200.0000 133.33 Review of detailed workpapers prepared by Ms. Donaher8/29/2011 Dargy, David 1.33 240.0000 320.00 Review of assembled tax returns8/30/2011 Dargy, David 0.75 240.0000 180.00 Review of 2008 and 2009 workpapers and returns9/1/2011 Dargy, David 3.00 240.0000 720.00 Review of 2009 tax return and workpapers9/2/2011 Dargy, David 2.50 240.0000 600.00 Review of 2009 tax return and workpapers9/3/2011 Dargy, David 2.50 240.0000 600.00 Review of 2009 tax return and workpapers9/6/2011 Donaher, Diane 2.50 150.0000 375.00 Review of tax return issues with Mr. Dargy9/6/2011 Dargy, David 2.50 240.0000 600.00 Review of tax return issues with Ms. Donaher9/6/2011 Dargy, David 0.70 240.0000 168.00 Review of 2009 tax return and workpapers


Dargy, David Tax Manager 21.88 240.00 5,252.00 Donaher, Diane Senior Accountant 3.50 150.00 525.00 Drum, Stephanie Senior Tax Manager 0.10 315.00 31.50 Emonds, Roxanne Senior Tax Accountant 2.00 150.00 300.00 Fredrickson, Margaret Partner 0.03 325.00 10.83 Henry, Mark Senior Manager 1.67 200.00 333.33 Hinchey, Michael Tax Director 0.60 315.00 189.00 Total Professional Services 6,641.67




2/17/2011 Reed, Gregory 0.50 120.00 60.00 Preparation of extensions3/2/2011 Fredrickson, Margaret 1.00 325.00 325.00 Preparation of extensions3/10/2011 Reed, Gregory 0.50 120.00 60.00 Preparation of extensions3/11/2011 Reed, Gregory 0.70 120.00 84.00 Preparation of extensions4/14/2011 Henry, Mark 3.00 200.00 600.00 Preparation of 2010 tax returns4/29/2011 Donaher, Diane 12.50 150.00 1,875.00 Preparation of 2010 tax returns4/29/2011 Henry, Mark 2.00 200.00 400.00 Preparation of 2010 tax returns7/20/2011 Donaher, Diane 0.65 150.00 97.50 Review/organize client info for 2009/20107/21/2011 Donaher, Diane 2.25 150.00 337.50 Summarize fixed asset sales and record adjusting entries7/21/2011 Donaher, Diane 0.38 150.00 56.25 Meeting with Mr. Dargy to review open issues of 2009 and 2010 tax

returns7/21/2011 Dargy, David 0.25 240.00 60.00 Meeting with Ms. Donaher to review open issues of 2009 and 2010

tax returns8/4/2011 Donaher, Diane 0.90 150.00 135.00 Update Trial balances for 2009 and 20108/4/2011 Donaher, Diane 0.50 150.00 75.00 Meeting with Mr. Dargy re open items for 2009 and 20108/4/2011 Dargy, David 0.50 240.00 120.00 Meeting with Ms. Donaher re open items for 2009 and 20108/8/2011 Donaher, Diane 3.50 150.00 525.00 Prepare 2010 consolidated trial balance and adjustments needed8/9/2011 Donaher, Diane 1.80 150.00 270.00 Update 2010 consolidated trial balance8/19/2011 Fredrickson, Margaret 0.03 325.00 10.83 Check on status of tax returns for 2008, 2009 and 20108/23/2011 Dargy, David 1.67 240.00 400.00 Changes to tax returns for liquidation of two subsidiaries8/25/2011 Reed, Gregory 1.67 120.00 200.00 Enter Sub info into return8/29/2011 Henry, Mark 0.70 200.00 140.00 Meeting with Ms. Donaher on 2010 tax return.8/29/2011 Donaher, Diane 0.80 150.00 120.00 Meeting with Mr Henry on 2010 tax return.8/31/2011 Donaher, Diane 4.50 150.00 675.00 Preparation of 2010 tax return 9/13/2011 Donaher, Diane 1.50 150.00 225.00 Preparation of 2010 tax returns9/14/2011 Donaher, Diane 3.50 150.00 525.00 Preparation of 2010 tax returns9/15/2011 Povost, Christine 1.00 75.00 75.00 Processing tax returns9/15/2011 Donaher, Diane 4.00 150.00 600.00 Preparation of 2010 tax returns9/15/2011 Henry, Mark 1.50 200.00 300.00 Assistance with tax return preparation9/16/2011 Barrett, Popi 1.75 240.00 420.00 2009 and 2010 tax return efile and changes needed9/16/2011 Hinchey, Michael 1.75 315.00 551.25 2009 and 2010 tax return efile and changes needed9/19/2011 Povost, Christine 0.25 75.00 18.75 Preparation of CD's for copies of tax returns9/23/2011 Donaher, Diane 3.00 150.00 450.00 Roll forward 2010 information, tie to financial statement9/27/2011 Henry, Mark 1.00 200.00 200.00 Assistance with tax return filings and signatures



Barrett, Popi Tax Manager 1.75 240.00 420.00 Dargy, David Tax Manager 2.42 240.00 580.00 Donaher, Diane Senior Accountant 39.78 150.00 5,966.25 Fredrickson, Margaret Partner 1.03 325.00 335.83 Henry, Mark Senior Manager 8.20 200.00 1,640.00 Hinchey, Michael Tax Director 1.75 315.00 551.25 Povost, Christine Tax Administrator 1.25 75.00 93.75 Reed, Gregory Senior Tax Accountant 3.37 120.00 404.00




5/20/2011 Dargy, David 1.60 240.00 384.00 Review of 2009 and 2008 work papers with review of 2010 tax returns

7/11/2011 Fredrickson, Margaret 0.03 325.00 10.83 Review issues with tax returns7/20/2011 Henry, Mark 1.00 200.00 200.00 Review 2009/2010 open issues with Ms. Donaher7/21/2011 Donaher, Diane 1.00 150.00 150.00 Review 2009/2010 open issues with Mr. Henry8/9/2011 Dargy, David 0.50 240.00 120.00 Review 2009 and 2010 tax returns8/24/2011 Dargy, David 1.00 240.00 240.00 Review workpapers and tax returns8/29/2011 Henry, Mark 0.67 200.00 133.33 Review of detailed workpapers prepared by Ms. Donaher8/29/2011 Dargy, David 1.33 240.00 320.00 Review of assembled tax returns


Dargy, David Tax Manager 4.43 240.00 1,064.00 Donaher, Diane Senior Accountant 1.00 150.00 150.00 Fredrickson, Margaret Partner 0.03 325.00 10.83 Henry, Mark Senior Manager 1.67 200.00 333.33





1/5/2012 Dargy, David 1.30 150.00 195.00 Summarize 2011 information for tax return1/11/2012 Dargy, David 2.20 150.00 330.00 Summarize 2011 information for tax return1/25/2012 Donaher, Diane 2.50 150.00 375.00 Preparation of tax trial balance and entries2/13/2012 Donaher, Diane 0.80 150.00 120.00 Preparation of 2011 tax returns2/14/2012 Donaher, Diane 2.00 150.00 300.00 Preparation of 2011 tax returns2/15/2012 Donaher, Diane 6.00 150.00 900.00 Preparation of 2011 tax returns3/13/2012 Blumberg, Brenda 3.00 80.00 240.00 Processing and assembly of 2011 tax returns3/13/2012 Blumberg, Brenda 2.00 75.00 150.00 Efile processing3/14/2012 Difolco, Kristen 0.30 160.00 48.00 Clearing MA unitary efile issues3/15/2012 Dargy, David 3.50 240.00 840.00 Clearing MA unitary efile issues3/19/2012 Dargy, David 2.30 240.00 552.00 Clearing MA unitary efile issues


Blumberg, Brenda Administrative Assistant 3.00 80.00 240.00 Blumberg, Brenda Administrative Assistant 2.00 75.00 150.00 Dargy, David Tax Manager 5.80 240.00 1,392.00 Difolco, Kristen Senior Accountant 0.30 160.00 48.00 Donaher, Diane Senior Tax Accountant 14.80 150.00 2,220.00





2/13/2012 Dargy, David 1.00 240.00 240.00 Review of 2011 workpapers2/19/2012 Dargy, David 2.50 240.00 600.00 Review of 2011 workpapers3/10/2012 Dargy, David 3.50 240.00 840.00 Review of 2011 tax returns3/12/2012 Dargy, David 2.00 240.00 480.00 Review of 2011 tax returns3/13/2012 Dargy, David 0.50 240.00 120.00 Final Review of 2011 tax returns3/14/2012 Fredrickson, Margaret 1.30 325.00 422.50 Review of tax returns and activity4/9/2012 Fredrickson, Margaret 0.30 325.00 97.50 Review of tax returns and activity


Dargy, David Tax Manager 9.50 240.00 2,280.00 Fredrickson, Margaret Partner 1.60 325.00 520.00





3/8/2013 Donaher, Diane 4.50 155.00 697.50 Preparation of 2012 tax returns3/11/2013 Donaher, Diane 0.50 155.00 77.50 Preparation of 2012 tax returns3/14/2013 Donaher, Diane 4.00 155.00 620.00 Preparation of 2012 tax returns3/19/2013 Donaher, Diane 6.50 155.00 1,007.50 Preparation of 2012 tax returns3/22/2013 Provost, Christine 0.50 80.00 40.00 Process 2012 tax returns


Donaher, Diane Senior Accountant 11.50 155.00 1,782.50 Henry, Mark Senior Manager 4.00 155.00 620.00 Provost, Christine Tax Administrator 0.50 80.00 40.00





3/19/2013 Antenucci, Richard 2.00 270.00 540.00 Review of 2012 tax returns3/22/2013 Antenucci, Richard 1.50 270.00 405.00 Review of 2012 tax returns


Antenucci, Richard Tax Manager 3.50 270.00 945.00

Total Professional Services 945.00




1/15/2014 Donaher, Diane 12.00 155.00 1,860.00 Preparation of 2013 tax returns1/27/2014 Donaher, Diane 2.50 155.00 387.50 Preparation of 2013 tax returns3/4/2014 Blumberg, Brenda 1.00 75.00 75.00 Tax return processing 3/4/2014 Blumberg, Brenda 0.75 80.00 60.00 Process 2013 tax returns


Blumberg, Brenda Administrative Assistant 1.00 75.00 75.00 Blumberg, Brenda Administrative Assistant 0.75 80.00 60.00 Donaher, Diane Senior Accountant 14.50 155.00 2,247.50





1/22/2014 Hinchey, Michael 2.00 350.00 700.00 Review of 2013 tax returns1/23/2014 Hinchey, Michael 2.00 350.00 700.00 Review of 2013 tax returns1/24/2014 Hinchey, Michael 5.00 350.00 1,750.00 Review of 2013 tax returns2/28/2014 Hinchey, Michael 0.60 350.00 210.00 Review of 2013 tax returns3/4/2014 Hinchey, Michael 0.90 350.00 315.00 Review of 2013 tax returns


Hinchey, Michael Tax Director 10.50 350.00 3,675.00





7/26/2010 Hinchey, Michael 0.80 250.00 200.00 Conference call with attorney10/12/2010 Henry, Mark 4.00 200.00 800.00 Conference Call with Ed Sabella & Alex Hogan to discuss monthly

operating reports.11/2/2010 Fredrickson, Margaret 0.40 325.00 130.00 Conference call with Ed Sabella and Alex Hogan11/2/2010 Henry, Mark 0.40 200.00 80.00 Conference call with Ed Sabella and Alex Hogan4/29/2011 Fredrickson, Margaret 0.10 325.00 32.50 Shatz, Schwartz & Fentin inquiries of tax status9/26/2011 Hinchey, Michael 0.30 315.00 94.50 P/C Attorney re: signing issues2/15/2012 Fredrickson, Margaret 0.40 325.00 130.00 Conference call with Alex Hogan and Ed Sabella related to

bankruptcy documents2/22/2012 Fredrickson, Margaret 0.30 325.00 97.50 Emaiil to Alex and Ed regarding Jim Lunt5/2/2012 Fredrickson, Margaret 0.10 325.00 32.50 Email and folllow up with CC and Alex and Ed8/17/2012 Fredrickson, Margaret 0.30 350.00 105.00 Conference call and discussion with MH5/15/2013 Fredrickson, Margaret 0.50 400.00 200.00 Conference call with Ed Sabella and Alex Hogan5/19/2013 Fredrickson, Margaret 0.50 400.00 200.00 Conference call with Attorney's1/28/2014 Fredrickson, Margaret 0.30 400.00 120.00 Conference call with Ed Sabella and Alex Hogan


Fredrickson, Margaret Partner 1.30 325.00 422.50 Fredrickson, Margaret Partner 0.30 350.00 105.00 Fredrickson, Margaret Partner 1.30 400.00 520.00 Henry, Mark Senior Manager 4.40 200.00 880.00 Hinchey, Michael Tax Director 0.80 250.00 200.00 Hinchey, Michael Tax Director 0.30 315.00 94.50 Total Professional Services 2,222.00

Conference Calls and Client Correspondence



11/2/2010 Donaher, Diane 0.80 150.00 120.00 Preparation of billing summary11/5/2010 Donaher, Diane 3.20 150.00 480.00 Review and update billing summary11/5/2010 Fredrickson, Margaret 2.80 325.00 910.00 Review billing summary11/8/2010 Fredrickson, Margaret 1.00 325.00 325.00 Review billing summary11/8/2010 Donaher, Diane 2.00 150.00 300.00 Review and update billing summary11/8/2010 Donaher, Diane 2.00 150.00 300.00 Review and organize Lunt emails11/8/2010 Donaher, Diane 1.50 150.00 225.00 Update billing summary11/9/2010 Donaher, Diane 1.70 150.00 255.00 Update billing summary2/1/2011 Fredrickson, Margaret 0.06 325.00 19.50 Review of billing4/13/2011 Fredrickson, Margaret 0.50 325.00 162.50 Review emails from Alex Hogan and Edward Sabella re accounting

and taxes status10/17/2011 Fredrickson, Margaret 1.00 325.00 325.00 Review of update from attorney and bankruptcy2/15/2012 Fredrickson, Margaret 0.10 325.00 32.50 Review of Lunt DIP for February2/26/2012 Fredrickson, Margaret 0.80 325.00 260.00 Review status of account and reports5/2/2012 Fredrickson, Margaret 0.30 325.00 97.50 Conf call with Ed, Alex, Mark Henry regarding status11/9/2012 Fredrickson, Margaret 0.20 350.00 70.00 Follow up on status12/18/2012 Fredrickson, Margaret 0.40 350.00 140.00 Follow up on status2/7/2013 Fredrickson, Margaret 0.40 350.00 140.00 Conference call regarding status5/17/2013 Fredrickson, Margaret 0.30 400.00 120.00 Consultation on status of account


Donaher, Diane Senior Accountant 11.20 150.00 1,680.00 Fredrickson, Margaret Partner 6.56 325.00 2,132.00 Fredrickson, Margaret Partner 1.00 350.00 350.00 Fredrickson, Margaret Partner 0.30 400.00 120.00 Total Professional Services 4,282.00

Review of Account Status and Billing Summary



5/16/2011 Dargy, David 2.00 240.0000 480.00 Research NY tax law regarding tax returns5/17/2011 Dargy, David 4.50 240.0000 1,080.00 Research NY treatment of related party transactions5/18/2011 Reed, Gregory 0.30 120.0000 36.00 Research Code section 332, Tax return footnotes8/1/2011 Dargy, David 1.80 240.0000 432.00 Research rules and regs for Bankrupt subs8/4/2011 Dargy, David 2.00 240.0000 480.00 Research how a bankrupt sub files with consolidated group


Dargy, David Tax Manager 10.30 240.00 2,472.00 Reed, Gregory Senior Tax Accountant 0.30 120.00 36.00 Total Professional Services 2,508.00

Tax Research


Kenneth Kirkland Managing Partner Kenneth Kirkland is a founding member of KAF and has over 26 years of experience in public accounting, specializing in tax services, the design and implementation of acquisition strategies. Ken started his career with the Internal Revenue Service which gave him a unique understanding of the tax code and representation in front of the IRS. He frequently applies this experience and knowledge to protect our clients through proactive tax strategies. Ken is a featured speaker at business conferences, discussing exit strategies for closely held business owners. Ken is an active member in several industry and community organizations. He holds Securities Series 6 and 66 licenses from the Securities and Exchange Commission and is the Chairman for the Board of Directors of the South Shore Hospital. In the past Ken held the position as Chairman for both the Board of Directors of the accounting association JHI International and the Massachusetts Society of CPAs (MSCPA). He obtained his Undergraduate degree in Accounting from the Southern New Hampshire University and Master’s Degree in Taxation from Bentley College. Ken is one of the few people in New England that loves the winter, as he likes to both ski and snowmobile during the colder months of the year.

Edward J. Berardi, CPA, JD Partner

Ed joined KAF as a shareholder in November 2008. He has over 30 years of experience in public

accounting serving a diverse range of closely‐held companies as well as wealthy families. Ed specializes

in providing accounting and tax services with a concentration in the professional service, technology and

real estate industries. Ed is a Member of the Massachusetts Bar Association and the Massachusetts

Society of Certified Public Accountants and an active participant in the Society's Small Business and

Taxation Committees. He holds his Bachelor of Science degree in Accounting from Northeastern

University and his JD degree from New England School of Law. Ed enjoys spending time in Nantucket

with family and friends, golfing, and cooking for friends and family.

Margaret J. Fredrickson, CPA Partner

Margaret Fredrickson is a founding shareholder of Kirkland Albrecht & Fredrickson, LLC, and has over

30 years of public accounting experience, focusing in the accounting and auditing areas of the practice.

Margaret is a graduate of Bentley College with a Bachelor of Science degree in Accounting and holds

securities 6 and 66 licenses from the Securities and Exchange Commission. She was formerly on the

Board of Directors for the South Shore Chamber of Commerce and is a Trustee on the South Shore

Economic Development Corporation. In addition, she is a member of the American Institute of

Certified Public Accountants and the Massachusetts Society of Certified Public Accountants.

Alan Muster, CPA, MST Partner Alan joined KAF as a partner in November, 2008. He has over 30 years of experience in public accounting serving as a trusted advisor to a wide range of clientele. Alan specializes in providing accounting, consulting, and special situation tax services to high net worth individuals and closely‐held businesses. He concentrates in the real estate, professional service, entertainment and media related industries. Alan also assists individuals and corporations with the intricacies of foreign relocation and represents clients before the IRS and various state authorities. He is the past Treasurer for the Jewish Cemetery Association of Massachusetts and a current member of the Massachusetts Society of Certified Public Accountants. His education includes a Bachelor of Science degree in Accounting from Bryant

EXHIBIT D

College and a Master's degree in Taxation from Bentley College.

Michael T. Hinchey, JD, LLM Tax Director

Michael has over 30 years of experience in public accounting, financial services and business consulting.

He specializes in tax planning and tax compliance for a variety of closely held businesses. His experience

includes concentrations in both closely held corporations and not-for-profit organizations. Michael

also advises clients on tax exempt issues, compensation planning, and estate planning.

Michael earned his Bachelor of Arts, Political Science Degree from University of Notre Dame. He then

earned his JD from Suffolk University Law School and his LLM in Taxation from the Boston University

School of Law.

Michael is a member of the United State Tax Court Bar, the United States District Court Bar,

Massachusetts Bar, Boston Bar Association and the Massachusetts Society of CPAs.

Mark Henry, CPA, MSA Senior Audit Manager

Mark Henry, CPA joined KAF in the fall of 2009; he was previously employed by a large Boston CPA firm.

Mark’s experience in public accounting spans over seven years. Mark has significant experience in

manufacturing, distribution, hi‐tech and employee benefit plan audits.

Mark holds a Bachelor’s degree in Accounting from Stonehill College and a master’s in accounting from

Boston College. He is a member of the Massachusetts Society of Certified Public Accountants and

American Institute of Certified Public Accountants (AICPA).

Mark is currently serving as the chair of our firm’s Accounting and Auditing Committee which assists the

firm in staying current on all new accounting pronouncements. In 2003, Mark played professional

baseball for the Brockton Rox of the Can‐Am league.

Popi Kardaris Barrett, CPA, MST Tax Manager Popi joined the firm in 2005 and has over 14 years of tax experience in public accounting. Popi has a

unique approach to our clients’ tax issues; she brings real world experience and compassion to each

relationship. She specializes in tax planning and tax compliance for closely held business with a focus in

state and local taxation.

Popi earned her Bachelor of Science in Accounting from Boston University and her Masters of Science

in Taxation from Bentley College. Popi is a member of the Massachusetts Society of Certified Public

Accountants and the American Institute of Certified Public Accountants. Popi is also the proud mother

of two wonderful sons who keep her very occupied outside of KAF.

Richard Antenucci, CPA, MST Tax Manager Richard Antenucci, CPA, is a Tax Manager with 30 years in the public accounting profession. He joined

KAF in December 2011 where he serves professional service businesses, construction, distribution,

manufacturing, retail, and non‐profit organizations. Rich holds a Bachelor’s degree in Accounting and

Business Administration from Northeastern University along with a Master’s degree in Taxation from

Bentley University and is a member of both the AICPA and MSCPA.

In his role he oversees client representation on IRS and state tax examinations and appeals including

written correspondence with tax authorities, participates in income tax planning and projections, and

performs research and writing memorandums on challenging taxation questions and issues. Rich also

prepares and reviews corporate, partnership, LLC, individual, and not‐for‐profit tax returns, including

consolidated and unitary returns for entities of all sizes and complexity. He laisses between

Partners/Directors, clients, and internal staff to fulfill tax engagements and address challenging tax

questions or issues and supervises/evaluates the tax staff.

Barry MacQuarrie, CPA

IT Consultant Barry MacQuarrie, CPA joined KAF in 1998 as a Consultant. He works with professional services firms helping them benefit from the implementation of cloud accounting solutions. His areas of expertise include cloud accounting, process improvement, workflow, and technology management. He is a member of the American Institute of Certified Public Accountants (AICPA) and the Massachusetts Society of Certified Public Accountants (MSCPA) and has served on the Information Technology Executive Committees for both organizations. Also a member of Toastmasters International, he serves as VP of Education for his local chapter in addition to serving one the CCH User Conference Customer Advisory Committee and as Chair of the Executive Committee for the Babson College Alumni Technology Council.

Mary-Beth Scott Senior Associate

Mary‐Beth joined KAF in October 2009. She has 13 years of experience in accounting, audit and tax.

Mary‐Beth assists corporate and individual clients with their everyday needs such as financial

statements, daily bookkeeping, accounting and tax questions. She specializes in a variety of industries

including family‐owned businesses, real estate, sports retailers, contractors, and food services. She

works with multiple entities with complex organizational structures that have numerous related party

transactions that she closely monitors and strategically handles.

Mary‐Beth feels a strong connection with family‐owned businesses as she grew up working in her

father’s insurance company. She is extremely approachable and therefore quickly becomes a trusted

business advisor to her clients. Mary‐Beth lives with her husband and two year old daughter in

Marshfield.

Bachelor of Science in Accounting, Bentley University

Member of the Massachusetts Society of Certified Public Accountants

Diane Donaher, CPA Senior Associate

Diane joined KAF in October of 2004. She has over 20 years of experience managing audits, reviews,

comilation engagements inclding planning, supervision and financial statement preparation. Diane

also calculates tax provisions and prepares tax returns for individuals, partnerships, corporations and

not‐for‐profit entities. She specializes in a variety of industries including family‐owned businesses,

retailers, contractors, manufacturing and distribution and not‐for profits.

Diane has a Bachelor of Science in Management, Accounting and Finance from Bridgewater State

University. She is a member of the Massachusetts Society of CPAs and the American Insistute of CPAs.

Diane lives in Abington with her husband and three children.

Greg Reed Senior Associate

Greg Reed is a Senior Tax Accountant with five years’ experience in the accounting field. He started with

KAF in September 2009 after obtaining his Bachelor’s degree in Accounting from Bryan University. Greg

is currently a candidate for a Master’s degree in Accounting with Southern New Hampshire University

with a scheduled completion date in the spring of 2015. Greg specializes in Manufacturing and

Distribution as well as International Compliance. In his role he prepares and reviews tax documentation

and researches technical tax matters. Greg is a member of the Massachusetts Society of CPA’s and

serves on an advisory board to the Massachusetts Society for young professionals.

Brenda Blumberg Administrative Assistant

Brenda has been with KAF for over 10 years. In her role she wears many hats. She provides

administrative assistance for the firm, as well as assistance to the Managing Partner.

Brenda manages the firms travel, orders all supplies, tax return processing, e‐filing and extension

processing, audit department scheduling, reception back up and assistance to the business valuation

department, as well as provides any other administrative assistance within the firm.

Chritine Provost Tax Administrator

Christine has been with KAF for 10 years. She manages the day to day administrative activities in the tax

department. She handles tax processing, scheduling, due date monitoring and other related tax

department needs.

Stephanie Drum, CPA Senior Tax Manager

Stephanie Drum, CPA joined KAF in the fall of 2009. She was previously employed by a big four firm in

Boston. Stephanie’s experience in public accounting spans over 13 years. Stephanie acts as a liaison

between partners, clients and internal staff. She is responsible for managing a variety of assignments

and specializes in complex tax strategies for organizations with multiple entities and their owners. She

also works to develop new business for the firm and mentors the tax staff.

Stephanie earned a Bachelor’s Degree in Accounting from the University of Massachusetts‐Dartmouth

and a Master’s degree in Taxation from Bentley College. She is a member of the American Institute of

Certified Public Accountants, the Massachusetts Society of Certified Public Accountants, the

Massachusetts Society of Certified Public Accountants’ State Tax Committee and is a past president

and current member of the American Society of Women Accountants. In addition, she belongs to the

Mass Society – Student Speaker Outreach Bureau and is an active volunteer in various community and

non‐profit organizations.

David Dargy, CPA, MST Tax Manager

David joined KAF in 2011 as a manager with over 15 years of experience in public accounting. He is

responsible for final review of complex corporate, partnership and individual federal and state tax

returns. David has proven to be an asset in performing research as part of tax planning and

consulting engagements. Dave’s management of staff and focus on work flow allows him to meet

client, engagement and firm needs.

David has a Bachelor’s of Science degree in Accounting and a Master’s degree in Taxation from Bryant

University. He is a member of the Massachusetts and Rhode Island Societies of Certified Public

Accountants. He is also a member of the American Institute of Certified Public Accountants (AICPA) and

is on the Tax Committees of the AICPA and MSCPA.

Celeste M. Walcott, CPA, MST Manager

Celeste has worked in public accounting for 8 years and serviced many types of businesses including

construction, distribution, not‐for‐profit, corporations and individuals. She is a member of the

American Institute of Certified Public Accountants and the Massachusetts Society of Certified Public

Accountants. Celeste received her Bachelor of Science degree in Accounting from Bridgewater State

College and her Masters of Taxation from Bryant University.

Roxanne Finch Emond, CPA, MSA, MST Senior Tax Accountant

Roxanne joined KAF in the fall of 2009. Roxanne has worked in public accounting for 5 years prior

to joining KAF. In her role Roxanne prepares and reviews tax documentation and researches technical

tax matters for many different industires.

Roxanne has a Bachelor’s of Arts in History and Political Science from the University of North

Carolina. She also has two advanced degrees. She has a Master’s of Science in Accounting from

Suffolk University and a Master’s of Taxation from Bentley College. She is a member of the

Massachusetts Society of CPAS (MSCPAs) and the Association of Institue of CPAs.

Kristin DiFolco, CPA Senior Accountant

Kristin joined KAF in November of 2010. She is a CPA with 6 plus years experience specializing in

accounting and tax compliance and advisory services, bookkeeping consulting, and financial

statement and tax return preparation for private companies. Her industry experience includes

restaurants and food services, manufacturing and distribution, real estate management, auto and

lumber dealers, and professional services.

Kristin is a graduate of Northestern University with a Bachelor’s of Science in Accounting. She is a

member of the Massachusetts Society of CPAs and the American Insitute of of CPAs.

Lori Najjar, CPA Senior Accountant

Lori joined KAF in January of 2007. She is a CPA with 10 years experience specializing in accounting,

auditing and financial statement preparation. Her industry experience includes, manufacturing

distribution, retail and construction and employee benefit plans.

Lori is a graduate of Boston University with a Bachelor of Science Degree in Accounting. She is a

member of the Massachusetts Society of CPAs and the American Institute of CPAs.

Haley Keefe Staff Associate

Haley joined KAF in 2007. She was a staff associate in the audit deparment focusing on

compilations, reviews and audits of financial statements. Haley also assisted the tax department in

the preparation of tax returns for her clients.

Documents

UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF ...€¦ · (b) Applicant researched Epicor accounting package and FRx reporting software in order to gain an understanding as to