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Yes. Cash and gifts are considered "income" and is taxable by the IRS.
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Earn +20 ptsQ: Is it illegal to deny receiving cash or gifts to the IRS?
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The equal credit opportunity act of 1974 made it illegal to deny credit to someone because of what?
race
What is he opposite of permit?
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18 Non-repudiation ensures users cannot deny sending and receiving data?
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