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Your client starts a business and you advise them to operate the business as an S-corporation. The business is expected to earn $350,000 annually. In

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Your client starts a business and you advise them to operate the business as an S-corporation. The business is expected to earn $350,000 annually. In each case, compute the total tax liability - Individual tax liability on S-comp, earnings, individual tax liability on salary (if any), and payroll taxes (if any). a) The owner receives no salary. b) The owner receives a salary of $50,000. c) The owner receives a salary of $125,000

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