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Tawana owns and operates a sole proprietorship and has a 37 percent marginal tax rate...

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Basic Math

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Tawana owns and operates a sole proprietorship and has a 37 percent marginal tax rate She provides her son Jonathon 17 000 a year for college expenses Jonathon works as a pizza delivery person every fall and has a marginal tax rate of 15 percent Required a What could Tawana do to reduce her family tax burden b How much pretax income does it currently take Tawana to generate the 17 000 after taxes given to Jonathon c If Jonathon worked for his mother s sole proprietorship what salary would she have to pay him to generate 17 000 after taxes ignoring any Social Security Medicare or self employment tax issues d How much money would the strategy in part c save Complete this question by entering your answers in the tabs below Required A Required B Answer is not complete Required C Required D How much money would the strategy in part c save

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