Aaron Found a Prototype of a New Pair of Glasses

question 9

Essay

Aaron found a prototype of a new pair of glasses with Internet service and other computing capabilities while in a bar one evening. He offered the prototype to the owner of a magazine and blog that reviews new digital devices. The owner paid Aaron $10,000 in return for the prototype. What tax issues should Aaron consider?

---

Definitions:

Document Design

The process of creating a document in a way that is visually appealing and easy to read, often through the thoughtful layout of text and images.

Being Detail-oriented

The quality of paying close attention to small elements or minor particulars when performing tasks.

Spell Check

The process or tool used for identifying and correcting spelling errors in a text.

Chronological Order

An arrangement of events in the order they occurred in time.