please explain your position in 2-3 paragraphs. Please note that money received from an employer for any reason is taxable. Money received from charity or because of disaster is not In Milltown, Georgia there is a large clothing factory that employs about 45% of the working population. Georgia Mills. The executives and accountants of Georgia created a charity fund to help needy families celebrate Christmas, Santa's Elves. It was set up to collect donations from the public and distributes money to needy families. Santa's Elves was granted charitable status based on its original plan to collect money and distribute it to the poor. Every year after Thanksgiving there are notices in town about the fund and asking residents to either make donations or submit requests for assistance. All mail is addressed to a post office box. There are many requests from elderly people or families struggling to cope with daily expenses. There are requests for warm winter coats or assistance in paying for medicine not covered by medical insurance. The fund also gets requests for Georgia Mills employees who need assistance because they need a larger TV or their children do not have the latest electronic gadgets or designer clothing. At Georgia Mills the senior executives get special fall production bonuses. They all donate the full bonus to Santa's Elves. They claim a charitable deduction because Santa's Elves is a qualified charity. The wives of two or three executives real all the letters sent to the mail box and award the money. Careful analysis of the distribution shows that all employees of Georgia Mill who worked there more than ten years got $250 in response to requests for electronics and fashion items. People with between 5-10 years got $100, between 2-5 $50 and less than 2 years got nothing. About 3% of the money was sent to needy families for warm winter coats, new eyeglasses because the old ones were about to fall apart and similar needs. This was 3% of the distribution This has been going on for more than ten years. You are an IRS charity fund auditor assigned a routine review of Santa's Elves. What is your reaction? If you were working for the accountants preparing the corporate tax returns for Georgia Mills and their key executives how would you handle the situation