Need help with question 2. thanks!

Robert and Sally Blueford have come to you seeking tax advice. In 2016, the Bluefords purchased an old guitar (case included) at an antique auction for $200. Robert had been wanting to take guitar lessons, so they decided to purchase the guitar, even though it was quite old. In 2022, their 5-year old son Thomas was messing around and playing with the guitar case. He pulled out part of the liner and discovered a large amount of cash. After completely removing the liner, they counted \$22,150 that had been hidden inside the case. After failed attempts to figure out the origin of the guitar (and money), and after consulting with local authorities, the Blueford family kept the money. They wonder, is this money taxable? If so, what is its character/at what rate will it be taxed, and when? Could it be considered a git? Has the statute of limitations passed? Assignment: 1.) List keywords you would use to construct an online search to determine the tax consequences associated with the scenario above. 2.) Prepare a File Memo answering ALL of the above questions. 3.) Prepare a Client Letter for the Bluefords answering all of their questions. Robert and Sally Blueford have come to you seeking tax advice. In 2016, the Bluefords purchased an old guitar (case included) at an antique auction for $200. Robert had been wanting to take guitar lessons, so they decided to purchase the guitar, even though it was quite old. In 2022, their 5-year old son Thomas was messing around and playing with the guitar case. He pulled out part of the liner and discovered a large amount of cash. After completely removing the liner, they counted \$22,150 that had been hidden inside the case. After failed attempts to figure out the origin of the guitar (and money), and after consulting with local authorities, the Blueford family kept the money. They wonder, is this money taxable? If so, what is its character/at what rate will it be taxed, and when? Could it be considered a git? Has the statute of limitations passed? Assignment: 1.) List keywords you would use to construct an online search to determine the tax consequences associated with the scenario above. 2.) Prepare a File Memo answering ALL of the above questions. 3.) Prepare a Client Letter for the Bluefords answering all of their questions