McGraw-Hill's Taxation of Individuals and Business Entities 3rd Edition by Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver

تمرين 18

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.