id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
ftr-348	Kahn, Douglas A.	Exclusion from Income of Compensation for Services and Pooling of Labor Occurring in a Noncommercial Setting	2022	15	.pdf	application/pdf	7002	359	63	I. IMPLIED AGREEMENT TO EXCHANGE SERVICES A fundamental issue in determining whether the receipt of services from another has income tax consequences is whether the services received were rendered as compensation for services performed (or to be performed) by the taxpayer. If, instead of using points or credits, services are received directly from the other member of the club in exchange for service performed, the value of the services received is income to each party.18	cache/ftr-348.pdf	txt/ftr-348.txt