- A friend asks you for some advice because she knows you are taking
this tax class. She has a son who just started college and he is pretty
handy. He usually charges $15 per hour for his services, but is
starting to fall behind in his schoolwork. He has a friend who is
willing to tutor him at $20 per hour. They have come to an agreement
that her son and the tutor will exchange “handyman” services for
tutoring services. Explore the tax implications of this arrangement and
whether the $5 per hour difference has further implications. Be sure to
be specific and cite specific concepts.
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Paul
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Paul2022-05-06 15:41:552022-05-06 15:41:55"Tax Implications" Please respond to the following: