Research the tax law for Maryland state, and prepare a brief letter to Mrs. Parsons (Mr. Parsons spouse) in which you explain the tax consequences of relocating their family. Be sure to discuss the following;

1. Where Mrs. Parsons can find information pertaining to the state tax laws? What specific information should she look for?
2. How Mr. Parsons Schedule K will be managed as part of their personal tax filing for the year (assume this is the familys only income).

2. Could relocating to a specific county, city, or town in that state reduce their tax liability?
3. Allowable deductions and exemptions and how these affect computations.
4. Available tax credits and how these affect computations.