Maurice Tutor

(5)

$15/per page/Negotiable

About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 401 Weeks Ago, 2 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 03 Aug 2017 My Price 4.00

Hank Aaron

Hello, I used to put a Tax related accounting question on this website, and you gave a very good answer of finding the IRA section code and explanation. Now, I got other case, hope you can help me with, thanks . When Barry Bonds closed in on the Hank Aaron home run record, a fun tax-law question arose: “If you’re the lucky fan who catches the record-breaking home run ball, what are the tax consequences?” Here are some choices: 1. The fan who catches the historic ball shouldn’t owe tax until he or she sells it. This is the common sense view, though common sense doesn’t always mix with tax law. 2. It is taxable income to the fan the instant that person catches the ball because it is an increase in wealth. This view stems from cases saying that someone who finds treasure owes tax on it right away. What can you find on this dilemma? Write a memo to the file supported one and refuting the other of these possibilities. Find the I.R.A section about this case, and do a small tax memo.

Answers

Maurice Tutor
(5)
Status NEW Posted 03 Aug 2017 11:08 PM My Price 4.00

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