FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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4

Paul & Sally are married and have a combined household income of $80,000 per year. They're trying to keep as much of their hard earned money as possible and need to understand what taxes they owe and ways to save on their taxes. 1. Calculate the taxes owed, using the tax bracket found in the lecture slides. 2. How could Paul & Sally save on their taxes?
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Transcribed Image Text:Paul & Sally are married and have a combined household income of $80,000 per year. They're trying to keep as much of their hard earned money as possible and need to understand what taxes they owe and ways to save on their taxes. 1. Calculate the taxes owed, using the tax bracket found in the lecture slides. 2. How could Paul & Sally save on their taxes?
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