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James and Colleen Have Reached an Agreement with Kelsey in Which

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James and Colleen have reached an agreement with Kelsey in which she will give birth to a baby and then give the baby to James and Colleen. In return, James and Colleen will pay Kelsey $40,000 cash and pay for her medical expenses. What tax issues should Kelsey consider?


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Instant Messaging

A type of online communication service that enables real-time text transmission over the internet.

Communicate

The act of sharing or exchanging information, thoughts, or messages through speech, writing, signals, or other methods.

CGI Script

A program designed to be run on a web server in order to produce dynamic web pages.

Applet

A small application located on a server; when requested, the applet is downloaded to the client.

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