Complete Problems #69 OR #75 from Chapter 2.

For part a, complete an internal research memo (sample of p. 2-20 of textbook).

For part b, complete a client letter (sample on p. 2-23 of textbook). You must have at least one primary source (IRC) and one secondary source to support your conclusion.

69- Katie recently won a ceramic dalmatian valued at $800 on a television game show. She questions whether this prize is taxable because it was a "gift" she won on the show.

a) Use an available tax research service to answer Katie's question

b) Write a letter to Katie communicating the results of your research.