J.C. has been a professional gambler for many years. They love this line of work and believe the income is tax-free. \n \na. Use an available tax res
J.C. has been a professional gambler for many years. They love this line of work and believe the income is tax-free.
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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?
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b. Write a memo communicating the results of your research.
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