EFTA02652507.pdf

From: jeffrey E. <[email protected]> Sent: Tuesday, April 18, 2017 2:09 PM To: Brad Wechsler Subject: Fwd: Re: Forwarded messag= From: Richard Joslin <-_ <mailto >> Date: Mon, Apr 17, 2017 at 7:01 PM Subject: RE: Re:<=r>To: "jeffrey E." <[email protected] <mailto:[email protected]>> This was a sale and should be claimed=in the year of sale as reduction of sales proceeds (cost of sale). From: jeffrey E. [mailto:[email protected] Sent: Monday, April 17, 2017 6:29 PM To: Richard Joslin < <mailto >> Subject: Re: Re: and the fees for structuring the phaidon transaction= ? as part of his income tax planning.? I think so. =AO dont you? On Mon, Apr 17, 2017 at 6:25 PM, Richard Joslin <=a href="mailt target="_blanki => wrote: I will get you the backup for estate =fanning nondeductibity From: jeffrey E. [mailto:[email protected] Sent: Monday, April 17, 2017 6:18 PM To: Richard Joslin < <mailto >> Subject: Re: order to be deductible, the IRS <http://www.investopedia.com/terms=i/irs.asp> requires that estate planning fees <https://www.irs.gov/pub/irs-pdf/p550.pdf> must be paid: (1) for the production or collection=of income; (2) for the management, conservation or maintenance of property=held for the production of income; or (3) in connection with the determina=ion, collection or refund <http://www.investopedia.com/terms/r/refund.asp> of any tax. EFTA_R1_01895812 EFTA02652507  So how might this apply to estate planning fees? If, for example, the estate plan chttp://www.investopedia.com/advisor-network/articles/051716/why-it.-so-important-update-your-estate-plani> involves advice on the construction of income generating in=truments, such as an income trust <http://www.investopedia.com/terms/i/incometrust.asp> , or provides guidance on the use of property transf=r methods to avoid Federal or State Estate or Inheritance tax <http://www.investopedia.com/terms/e/estatetax.asp> , these would meet the l=5 restrictions for the ability to deduct such expenses. Other examples mig=t include investment advice <http://www.investopedia.com/terms/i/investment-advice.asp> for trusts held by the estate, trust tax preparation =ees and account custodial fees while held by the estate Read more: Are estate planning fees tax deductible? I In=estopedia <http://www.investopedia.com/ask/answers/113015/are-es=ate-planning-fees-tax-deductible.asp#ixzz4eYlkslWb> http://www.investopedia.com/ask/answers/.13015/are-estate-planning-fees-tax- deductible.aspttixzz4elkslWb<=span> <http://www.investopedia.com/ask/answers/113015/are-estate-plannirg-fees- tax-deductible.aspttixzz4eYlkslWb> Follow us: Investopedia on Facebook <http://ec.tynt.com/b/rf?id=arwjQmCEqr4I6Cadbi- bnq&a=p;u=Investopedia> On Mon, Apr 17, 2017 at 6:13 PM, Richard Joslin <=a href="mailtc target="_blank' => wrote: Income tax planning and fees for serv=ces to calculate the income tax are deductible From: Jeffrey E. [mailto:[email protected] Sent: Monday, April 17, 2017 6:09 PM To: Richard Joslin < <mailto >> Subject: are fees for tax planning deductible? please no=e 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 JEE 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 [email protected] <mailto:[email protected]> , and destroy this communication and all copies thereof, 2 EFTA_R1_01895813 EFTA02652508  including all attachments. copyright -all rights reserved please no=e 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 JEE 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 [email protected] <[email protected]> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved please note 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 JEE 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 [email protected] <mailto:[email protected]> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved =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 [email protected], a=d destroy this communication and all copies thereof, including all a=tachments. copyright -all rights reserved --001a11c03d32c2e7a2054d717221-- conversation-id 47222 date-last-viewed 0 date-received 1492524535 flags 8590195713 gmail-label-ids 7 remote-id 706281 3 EFTA_R1_01895814 EFTA02652509