EFTA02544786

From: jeffrey E. <[email protected]> Sent: Wednesday, January 3, 2018 12:04 PM To: Jeffrey epstein Is this activity a business or .... a personal relatio=ship masquerading as a business, in order to get deductions. A=legitimate business, according to the IRS <https://www.irs.gov/instructi=ns/i1040sc> : the=activity is engaged in "with continuity and regularity." The IRS has a set of guidelines chttps://www.irs.govinewsroom/business-=r-hobby-answer-has-implications-for- deductions> to be used in determining whether an activity is a =egitimate business or a hobby: • Does the time and e=fort put into the activity indicate an intention to make a profit? Does the taxpayer depend on income from the activity?=/p> • Has the taxpayer =hanged methods of operation to improve profitability? =em>Has the taxpayer made a profit in similar activities in the past</=> please note The information contained in this communication is confidential, may b= attorney-client privileged, may constitute inside information, and is =ntended only for the use of the addressee. It is the property of JEE=br>Unauthorized use, disclosure or copying of this communication or any=part thereof is strictly prohibited and may be unlawful. If you have re=eived this communication in error, please notify us immediately by r=turn e-mail or by e-mail to [email protected] <mailto:[email protected]> , and destroy this communication a=d all copies thereof, including all attachments. copyright -all rights =eserved --94eb2c04843ef596c60561de03c1-- conversation-id 19664 date-last-viewed 0 date-received 1514981060 flags 8590195717 gmail-label-ids 7 6 2 remote-id 783043 EFTA_R1_01697635 EFTA02544786