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Hi Hunter and Eric,


I want to check in on these issues and to let you know where I think
things stand:


1. 2008 Tax audit letter-I spoke to Walter yesterday to review
what materials he will present and to review our rationale and reliance
on IRS revenue rulings in determining that the VP was not required to
pay self-employment tax. He will contact the IRS agent and present this
information and report back to us.


2. 2009 returns-I asked Walter to confirm that he has all the
necessary information or to let us know asap what he's missing. I also
asked that he aim to send us a draft return by 4/29 and he said he
should be able to meet that. Here is my anticipated schedule for
proceeding:


March 29 draft returns from
Walter to Eric and myself; I will give to WH tax counsel (who is also
reviewing POTUS returns)


April 7 Tax forms are
finalized; copies to Ron, Alan, Cathy, and OVP Communications for review


April 12 Conference call
with OVP Counsel, OVP Communications, and Walter on any outstanding
questions from OVP Communications;


April 13 OVP counsel
works with WH New Media to ensure proper scanning and redacting of
personal information


April 15 Returns mailed
to special POTUS/VPOTUS address. Returns made public


3. University of Delaware Deed-I will give the VP the memo on
status today (attached here) that outlines the issues we think should be
addressed. The University is hoping that this can be signed, sealed,
and announced in May, which is ambitious. Even if this gets pushed
back, I know they are hoping for progress soon, and given the nature of
the issues we have, I anticipate the negotiations will take some time.
We need to finalize who will take the lead on this as his personal
attorney. I would like to meet the first week in April to hammer out
answers on the open issues. Can you let me know your thinking on this?


Thanks.


Cynthia C. Hogan

Counsel to the Vice President


Office of the Vice President

202.456.2734

202.503.5358

[email protected] <mailto:[email protected]>