LO 3-4 51. Tawana owns and operates a sole proprietorship and has a 37 percent marginal tax rate. She provides her son, Jonathon, $8,000 a year for college expenses. Jonathon works as a pizza delivery person every fall and has a marginal tax rate of 15 percent. planning a) What could Tawana do to reduce her family tax burden? b) How much pretax income does it currently take Tawana to generate the $8.000 (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 $8,000 after taxes (ignoring any Social Security, Medicare, or self-employment tax issues)? d) How much money would the strategy in part (c) save? LO 3-4 52. Moana is a single taxpayer who operates a sole proprietorship. She expects her taxable income next year to be $250.000, of which $200,000 is attributed to her sole proprietorship. Moana is contemplating incorporating her sole proprietorship. Using the single individual tax brackets and the corporate tax rate in Appendix C, find out how much current tax this strategy could save Moana (ignore any Social Security, Medicare, or self-employment tax issues). How much income should be left in the corporation? planning