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Determine the possible tax consequences of each issue that you identify: Raquel is an employee of Jones Company and owns a 30% interest in the
Determine the possible tax consequences of each issue that you identify:
Raquel is an employee of Jones Company and owns a 30% interest in the company. Her salary is $44,000. She also receives a $10,000 cash distribution from Jones. During the current year, Joness operating income is $130,000
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