Write a memo communicating the results of your research

Reference no: EM13905510

J. C. has been a professional gambler for many years. He loves this line of work and believes the income is tax-free.

a) Use an available tax research service to determine whether J. C.'s thinking is correct. Is the answer to this question found in the Internal Revenue Code? If not, what type of authority answers this question?

b) Write a memo communicating the results of your research.

Reference no: EM13905510

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