EFTA01110833.pdf

TAXPAYERS' COPY George V. Delson Associates One Dag Hammarskjold Plaza @ 885 Second Avenue • New York, New York 10017 February 9, 2011 Internal Revenue Service Cincinnati, OH 45999-0039 Re: Jeffry.pE stein hT omas, VI St. We are the accountants for the above named-taxpayer. Pursuant to your notice dated December 27, 2010 (copy enclosed) there is enclosed a check of the taxpayer in the amount of $195. This should be sufficient to cover the amount still due for interest, etc. for the gift tax for the year 2009. Kindly acknowledge receipt by signing the enclosed copy of this letter and returning same in the envelope provided. Cordially yours, George V. Delson, CPA encl: cc: Jeffrey E. Epstein Telephone I • E•mail EFTA01110833  3252 JPMORGAN CHASE BANK, N.A. NEW YORK, NEW YORK 10017 1-2410 JEFFREY E. EPSTEIN YVYAY.CHASE.COM 6100 RED HOOK QUARTERS, STE. B3 2/7/2011 ST. THOMAS, VI 00802 I PAY TO THE United States Treasury $ c **195.00 q ORDER OF I One Hundred Ninety-Five and 00/100"*". "***************"""************* Ir***** • *It DOLLARS 8 United States Treasury Internal Revenue Service I ' Cincinnati, OH 45999-0039 MEMO SS#: Form 709 0003 25 20 1:0 2 L0000 2 Li: JEFFREY E. EPSTEIN United States 2/7/2011 3252 50000 - General:50600 • Taxes:50631 • G Gift Tax balance as of December 31,2010 195.00 JP Morgan Chase ckg SS#: Form 709 195.00 EFTA01110834  Seq. No.: A0036428 CP: 161 TIN Form: 709 Tax Period: 1)ecember 31, 2009 024931 ar CUT HERE Return this voucher with your payment or conespondence. Amount you owe: $190.35 • You will avoid additional pc nettles a miler Your Telephone Number: Best Time to Call: interest if we teceive your fill payment by ( ) AM PM )fle January 17, 2011 X Amount enclosed. S / 9:r 7 51. • Make payable to United Slates Tirmuty ▪ Mite Taxpayer Identification Number, lax period and lax form number on payment El Correspondence enclosed SD 201050 0719 17509-304-99402-0 JEFFREYS EPSTEIN 161 Internal Revenue Service 6100 RED HOOK QTRS STE 2 Cincinnati OH 45999.0039 ST THOMAS VI 00802-1348022 1111.6.1.11 090443348 DZ EPST 51 0 200912 670 00000019035 EFTA01110835  17509-304-994014 A0036428 161 DZ 51 200912 670 R 6635 090443343 SR V 201050 000054 00/02 IRS OSRONLY Dealihnent of the Treasury For assistance, call: r A ' internal Revenue Service Cincinnati OH 45999-0039 1-866-699.4083 Notice Number: CP161 Date: Decemba27, 2010 Tax to er Identification Plumber: 024931.119504.0117.003 1 NB 0.302 062 Tax Form: 709 Tax Pedal: December 31, 2009 JEFFREY E EPSTEIN 6100 RED HOOK QTRS STE 2 ST THOMAS VI 00802-1348022 024931 Request for Payment Federal Gift Tax Our records show you owe $190.35 on your return for the above tax period. What You Need to Do and/or Pay the amount you owe now by using one of the following methods. To avoid additional penalty System interest, we must receive your payment by January 17, 2011. The Electronic Federal Tax Payment (EFTPS) is the preferred method to ensure your tax payments are on time and secure. • EFTPS • If you are currently enrolled, go to www.eflpp.gov or call 1-800-555-4477. • To learn more about EFTPS and other electronic payment options, including credit card payments, visit www.irs.gov keyword: c-pay. • Check or Money Order • Make your check or money order payable to the United States Treasury; • Write your taxpayer identification number, tax form number, tax period, and your phone number on your payment; and • Mail your payment with the payment voucher located at the bottom of this notice in the enclosed envelope. If you choose to pay by check or money order, please allow enough mailing time so that we receive your payment by January 17, 2011. have your If you believe this notice is incorrect, please call us at 1-866-699-4083. When you call, please find any payment payment information and a copy of your return available. This information will help us you made that we haven't applied. Tax Statement Tax on Return $74,399.00 Total Credits $74,681.00- Amount Previously Refunded to You $.00 Page 1 EFTA01110836  Overpayment S282.00- Penalty $281.97 Interest $190.38 Total Amount You Owe $190.35 The following is a list of payments we have credited to your account for the above tax return and. tax period: Pate Amount Pate Amount. 04/18/2010 $65,000.00 10/19/2010 $9,681.00 For tax forms, instructions and information visit www.lys.gov.. (Access to this site will not provide you with your specific taxpayer account information.) Penalty and Interest 'About Your Notice - The penalty and/or interest charges on your account arc explained on the following pages. If you want a more detailed explanation of your penalties and interest, please call the telephone number listed on the top of this notice. You may call your local IRS telephone number if the number shown on your notice is a long-distance call for you. All days mentioned in the paragraphs below are calendar days, unless specifically stated otherwise, Penalties: $281.97 07 Paying Late. $281.97 We charged a penalty because you paid your taxes late. We count. part of a month as a full month. If you disagree with this penalty, see "Removal of Penalties" in this notice. To. avoid this penalty in the future, you' should pay your taxes by the due date. Even if you have an extension to file your tax return, you do not have additional time to pay your tax. (InternalRevenue Code section 6651 (a) (2)) The table below shows how we figured your penalty. We multiplied the number of months times the monthly rate (1/2 percent) times the principal (not to exceed 25%). Date No. Menthe Rata/month Principal Penalty 10/15/2010 06 0.50% 9,399.00 281.97 Total Penalty. 281.97 Removal of Penalties The law lets us remove or reduce penalties ilyou have reasonable cause or receive erroneous written advice from IRS. EFTA01110837  Seq. No.: A0036428 CP: 161 TINae Form:709 Tax Period: December 31, 2009 Reasonable Cause If you believe you have an acceptable reason why IRS should remove or reduce your penalties, send us a signed explanation. After we review your explanation, we will notify you of our decision. In some cases, we may ask you to pay the tax in full before we reduce or remove the penalty for paying late. Erroneous Advice from MS We will remove your penalty if all the following apply: I. You asked IRS for advice on a specific issue, . 1:44. 2. You gave IRS complete and accurate information, 3. You received advice from IRS, 014931 4. You relied on the advice IRS gave you, and 5. You were penalized based on the advice IRS gave you. To request removal of the penalty because of erroneous advice from IRS, you should do the following: (I) complete Fenn 843, Clain? forRefund andRequestfor Abatement; and (2) send it to the IRS Service Center where you filed your return. Interest: S190.38 09 Interest We charged interest because you did not pay your tax on time. Generally, we calculate interest from the due date of your return (regardless of extensions) until you pay your tax in full. The interest rate is variable and may change quarterly. We charge interest on all penalties except estimated tax penalties. (InternalRevenue Code section 6601) The table below shows how we figured your interest. We multiplied the factor times the principal. From Date To Date Days Rate Factor Principal Interest 04/15/2010 06/30/2010 76 4.0% 0.008363088 9399.00 78.60 06/30/2010 10/15/2010 107 4.0% 0.011794397 9477.60 111.78 Total Interest: 190.38 Corporate Interest - We charge additional interest of 2% if, according to our records, you didn't make your corporate tax payment within 30 days after the IRS notified you of the underpayment of tax. This interest begins on the 31st day a tier we notify you of the underpayment on tax amounts you owe over 5100,000, minus your timely payments and credits. 19 Interest - Additional Interest Charges If the amount you owe is $100,000 or more, please make sure that we receive your payment within 10 work days from the date of your notice. If the amount you owe is less than $100,000, please make sure that we receive your payment within 21 calendar days from the date of your notice. If we don't receive full payment within these time frames, the law requires us to charge interest until you pay the full amount you owe. Page 3 EFTA01110838