Tawana owns and operates a sole proprietorship and has a 37 percent marginal tax rate. She provides her son, Jonathon, $18,000 a year for college expenses. Jonathon works as a pizza delivery person every fall and has a marginal tax rate of 15 percent. Note: Round your final answers to the nearest whole dollar omount. Required: o. What could Tawana do to reduce her family tax burden? b. How much pretax income does it currently take Tawana to generate the $18,000 (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 $18,000 after taxes (ignoring any Social Security, Medicare, or self-employment tax issues)? d. How much money would the strategy in part (c) save? Note: Round your intermediate calculations. Complete this question by entering your answers in the tabs below. How much pretax income does it currently take Tawana to generate the \$18,000 (after-taxes) given to Jonathon? Note: Round your answer to the nearest whole dollar amount. Tawana owns and operates a sole proprietorship and has a 37 percent marginal tax rate. She provides her son, Jonathon, $18,000 a year for college expenses. Jonathon works as a pizza delivery person every fall and has a marginal tax rate of 15 percent. Note: Round your final answers to the nearest whole dollar amount. Required: a. What could Tawana do to reduce her family tax burden? b. How much pretax income does it currently take Tawana to generate the $18,000 (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 $18,000 after taxes (ignoring any Social Security, Medicare, or self-employment tax issues)? d. How much money would the strategy in part (c) save? Note: Round your intermediate colculations. Complete this question by entering your answers in the tabs below. If Jonathon worked for his mother's sole proprietorship, what salary would she have to pay him to generate $18,000 after taxes (ignoring any Social Security, Medicare, or self-employment tax issues)? Note: Round your answer to the nearest whole dollar amount. Tawana owns and operates a sole proprietorship and has a 37 percent marginal tax rate. She provides her son, Jonathon, $18,000 a year for college expenses. Jonathon works as a pizza delivery person every fall and has a marginal tax rate of 15 percent. Note: Round your final answers to the nearest whole dollar amount. Required: a. What could Tawana do to reduce her family tax burden? b. How much pretax income does it currently take Tawana to generate the $18,000 (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 $18,000 after taxes (ignoring any Social Security, Medicare, or self-employment tax issues)? d. How much money would the strategy in part (c) save? Note: Round your intermediate calculations. Complete this question by entering your answers in the tabs below. How much money would the strategy in part (c) save? Note: Round your intermediate ealculations and final answers to the nearest whole dollar amount
