From: jeffrey E. <jeevacation@gmail.com>
Sent: Thursday, January 4, 2018 2:41 PM
To: jeffrey epstein
Subject: Fwd:

---------- Forwarded messag= ----------
From: jeffrey E. <jeevacation@gmail.co= <mailto:jeevacation@gmail.com> >
Date: Wed, Jan 3, 2018 at 7:04 AM
Subject:
To: j=ffrey epstein <jeevacation@gma=l.com <mailto:jeevacation@gmail.com> >

Is this activity a business =r .... a personal relationship masquerading as a business, in order to get=deductions.

A legitimate business, according to t=e IRS:

- the activity is engaged in "with continuity and=regularity." is engaged

The IRS has a set of guidelines <https://www.=rs.gov/newsroom/business-or-hobby-answer-has-implications-for-deductions> to be used in determining=whether an activity is a legitimate business or a hobby:

* =p>Does the time and effort put into the activity indicate an intention =o make a profit?

* Does the taxpayer depend on income =rom the activity?

* Has the taxpayer changed methods of operation to improve profitability?=<i>

* Has the taxpayer made a profit in similar activities=in the past

## =AO please note

The information contained in this=communication is confidential, may be attorney-client privileged, mayconstitute inside information, and is intended only for the use of the=addressee. It is the property of JEE Unauthorized use, disclosure or=copying of this communication or any part thereof is strictly prohibite= and may be unlawful. If you have received this communication in err=r, please notify us immediately by return e-mail or by e-mail to jeevacation@gmail.com<=a>, and destroy this communication and all copies thereof, including=all attachments. copyright -all rights reserved

## =AO please note (cont.)

## =AO please note

The information contained in this commu=ication is confidential, may be attorney-client privileged, may cons=itute inside information, and is intended only for the use of the addre=see. It is the property of JEE Unauthorized use, disclosure or copyi=g of this communication or any part thereof is strictly prohibited a=d may be unlawful. If you have received this communication in error, pl=ase notify us immediately by return e-mail or by e-mail to jeevacation@gmail.com, a=d destroy this communication and all copies thereof, including all a=tachments. copyright -all rights reserved

--089e082cf6acb9f0050561f4504d-- conversation-id 19664 date-last-viewed 0 date-received 1515076837 flags 8590195713 gmail-label-ids 7 6 2 remote-id 783410