Godfry has been a professional gambler for years. He loves this line of work and believes the income is tax-free.

a) Use an available tax research service to determine whether Godfry's thinking is correct. Is the answer to this question found in the Internal Revenue Code? If not, what type of authority answers the question?

b) Write a short client letter communicating the results of your research. It should be no more than 2 pages, single spaced, in length (generally about 1 page should be sufficient).