EFTA02570656.pdf

From: Thomas Turrin < Sent: Monday, June 3, 2013 10:03 PM To: Jeffrey Epstein Subject: plane <=p> Jeffrey, <=p> YES — it's po=sible to utilize form 3115 to make an "automatic" accounting m=thod change with respect to the claiming of previously unclaimed bonus depreciation. =Such change would be a negative adjustment to income (in year of accountin= change) ..for under- claimed bonus depreciation. But in making this accoun=ing change there is a presupposition that the aircraft was "in servi=e" and reported on his 2011 tax return without bonus depreciation. <=p> It may be that the aircra=t might have been "placed in service" for business use in 2012= We need to review the records I mentioned in my Friday email to fully =valuate. <=p> Best,</=> <=p> Tom <=p> THOMAS TURRIN, CPA<=o:p> Partner New York, New York 100=8 1 • EFTA_R1_01738727 EFTA02570656  Website: www.rem-co.com <http://www.rem-co.com> <=p> <=p> <=p> <=p> From: Jeffrey =pstein Imailto:jeevacation@gmail=om <mailto:jeevacation@gmail.com> I Sent: Friday, May 31, 2013 7:06 PM To: Thomas Turrin Subject: Re: have you used 3115 before , i don't thin= that requires an amendmed return , On Fri, May 31, 2013 at 6:24 PM, Thomas Turrin «= href="mailto target="_blank •> wrote: Jeffrey, Once I have the purchase docs, entity structure and =r 2011 financial data (including usage data), I'll evaluate filing an amen=ed return. Business use percentage will be a key factor re: deductib=lity of bonus depreciation. Best, Tom Sent from my Verizo= Wireless 4G LTE DROID 2 EFTA_R1_01738728 EFTA02570657 Jeffrey Epstein <jeevacation@gmail.com <mailto:jeevacation@gmail.com> wrote: tom the plane was purchased in 8 / 2011.=nbsp; . that year bonus depreciation was allowed. can we use t=e form 3115 to claim it now.? in 2011 there =as also bonus depreciation of 100per cent for certain aircraft. not =ure if this applies to !eons. we will get the full purchase docs next week The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of Jeffrey Epstein Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacation@gmail.com <mailto:jeevacation@gmail.com> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved &n=sp; &=bsp; CONFIDENTIALITY STATEMENT=/strong>: The information c=ntained in this electronic communication, including any and all attachments and en=losures, may be privileged and is strictly confidential, intended solely f=r the use of the person(s) identified above to receive this communication.=If you are not the person(s) identified above to receive this communication, you are hereby notified that you may =ot disclose print, copy, disseminate, or otherwise use the information con=ained herein. If you are an employee or agent of the person(s) identified =bove to receive this communication and, as such, you have been authorized to deliver this communication to su=h person(s), you may disclose, print, copy, disseminate, or otherwise use =he information contained in this communication solely for the purpose of s=ch delivery. Unauthorized interception and/or use of this communication are/is strictly prohibited and may be pun=shable by law. If you have received this communication in error, please re=ly and notify the sender (only) of that fact and delete the communication,=including any and all attachments and enclosures, from your computer or other electronic device on which you=may have received this communication. CIRCULAR 230 DISCLOSURE: To insure compliance with requirements imp=sed by the Internal Revenue Service, we inform you that any tax advice con=ained in this communication (including any and all attachments), unless expressly stated otherwise, was not intended or written to be used =nd cannot be used for the purpose of (i) avoiding tax-related penalties im=osed by the Internal Revenue Code or (ii) promoting, marketing, or recomme=ding to another party any transaction(s) or tax-related matter(s) addressed herein. This communication may not be f=rwarded (other than to the addressee(s) identified above) without our expr=ss written consent. The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of Jeffrey Epstein Unauthorized 3 EFTA_R1_01738729 EFTA02570658 use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacation@gmail.com <mailto:jeevacation@gmail.com> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved 4 EFTA_R1_01738730 EFTA02570659