Robert ROSS, a recently retired professional athlete, is writing his memoirs. He intends to direct any royalties received on the book to his favorite charitable organization, Dana Farber Cancer...

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Robert ROSS, a recently retired professional athlete, is writing his memoirs. He intends to direct any royalties received on the book to his favorite charitable organization, Dana Farber Cancer Institute/The Jimmy Fund. He has not yet signed a contract with a publisher • Will the future royalties be included in Roy’s taxable gross income? • Why or why not? o If your answer is yes, is any alternative arrangement available that Roy might make to avoid gross income recognition? Student Requirements Format Date Address RE: Title of question Facts: Outline the facts and circumstances of the client’s issue. This would include the question. Law: Here you would cite your relevant case law AND why they are relevant to the client’s issue. Advisement: Interpret the law and advise the client accordingly. Closing: Let the client know you are available for questions. Signature PAPERS SHOULD BE 2-3 PAGES IN LENGTH AND SHOULD HAVE APPROPRIATE SPELLING, GRAMMAR AND PUNCTUATION YOU WILL BE GRADE ON THESE FACTORS, IN ADDITION TO YOUR INTERPRETATION, FORMATTING AND KNOWLEDGE ON THE SUBJECT MATTER