Byssomerulius incarnatus also called Phlebia incarnata
The Coral Pink Merulius is a fungus in the family Meruliaceae.This mushroom grows in overlapping clusters on downed hardwood logs. This is considered a crust fungus even though the fertile layer is not smooth. The spore bearing surface is white to light pink and it produces spores on the edge of the ridges and between the ridges. It is found almost always next to False Turkey tail (Stereum ostrea). See in the picture above. The flesh starts out soft but becomes leathery. It is considered a white-rot fungus. Usually found late Spring through early Winter.