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Joe is planning to attend a construction conference next year. Joe is a featured presenter at the conference, participating in a panel session. The event

Joe is planning to attend a construction conference next year. Joe is a featured presenter at the conference, participating in a panel session. The event organizers provide complementary admission to the conference, meals, and lodging to presenters during the three-day event. Will this be taxable income to Joe? Since this is a sole proprietorship, explain how this information would impact their individual tax return.

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