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L You have a new client, Brett Bryant. Brett is a sole proprietor who paints houses. He has received a notice from the IRS stating,
L You have a new client, Brett Bryant. Brett is a sole proprietor who paints houses. He has received a notice from the IRS stating, that he failed to pay self employment tax on $100,000 of Self employment income. Required: Draft a one to two page letter explaining self employment tax. Include in your letter a calculation of the self employment tax he owes. Additionally, explain that a portion is deductible for adjusted gross income. Use 2019 employment tax rates. gwan meGK ce Duejune 2, 2019 L You have a new client, Brett Bryant. Brett is a sole proprietor who paints houses. He has received a notice from the IIRS stating, that he failed to pay self employment tax on $100,000 of Self employment income. Required: Draft a one to two page letter explaining self employment tax. Include in your letter a calculation of the self employment tax he owes Additionally, explain that a portion is deductible for adjusted gross income. Use 2019 employment tax rates
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