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Suppose Aesthetic Floral Gardens, LLC, is owned by three individuals: Melissa, Martez, and Jamie. Melissa owns 25% of the company, Martez owns 15%, and Jamie
Suppose Aesthetic Floral Gardens, LLC, is owned by three individuals: Melissa, Martez, and Jamie. Melissa owns 25% of the company, Martez owns 15%, and Jamie owns the final 60%. The company owes $300,000 in taxes for 2017. How much is each member obligated to pay? Melissa, $750,000; Martez, $450,000; Jamie, $180,000 Melissa, $7,500; Martez, $4,500; Jamie, $1,800 Melissa, $75,000; Martez, $45,000; Jamie, $180,000 They do not owe taxes because the tax bracket is not high enough yet
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