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a dentist who operates her own dental practice. When she is open for business on Saturdays, she pays her 16-year-old son to answer the telephone
a dentist who operates her own dental practice. When she is open for business on Saturdays, she pays her 16-year-old son to answer the telephone and collect the payment of fees and charges from patients. Mom pays her son $80 per hour. Discuss the tax consequences of this arrangement to Mom and to Son.
a dentist who operates her own dental practice. When she is open for business on Saturdays, she pays her 16-year-old son to answer the telephone and collect the payment of fees and charges from patients.
Mom pays her son $80 per hour.
Discuss the tax consequences of this arrangement to Mom and to Son.
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