Tax issue over?

Question

What does this mean? we paid off the IRS on some capital

gains we owed and didn't know existed until our ex-partner

was audited.

Just got this letter from Dept. Of Treasury

We have reviewed and accepted the examination report

for year...

We do not plan to make any additional changes to your return unless we change a partnership, S-corp. trust or

estate tax in which you have interest.

Answer 1

It means everything is ok, but do keep you notices that IRS sent you.  IRS could contact you again in the future and you will have you prove.

Answer 2

It means that they are done with your audit (or the partnership's audit that you are part of).  

The rest is the standard disclaimer that says you may still be affected if they audit any other taxable entities that you are part owner or beneficiary of.

Answer 3

yes

Answer 4

It means you're finished with the audit, unless they dig up something weird that would affect your taxes.