[martinidon]

well the first thing you will need to do is give the IRS their cut.

[Gay State Conservative]

well the first thing you will need to do is give the IRS their cut

Nope,surprisingly enough that's not true.If he gets money as a *gift* he doesn't have to pay tax on it or even report it.Depending on several factors the *donor* might be required to report it.

[TheCPA]

No, gifts are excluded from gross income under Section 102.