![subject](/tpl/images/cats/ekonomika.png)
Business, 09.08.2021 23:10 jourdanpress
Megan operates a housecleaning business as a sole proprietorship. She oversees a team of 10 cleaning personnel, markets the business, and provides supplies and equipment. The business has been generating net taxable profits of $68,000 per year, before considering the QBI deduction. As a sole proprietor, Megan qualifies for the 20 percent deduction, reducing taxable income from the business to $54,400.
Required:
a. Assume that Megan’s marginal tax rate on ordinary income is 35 percent and that she has no pressing need for cash flow from this business. Should Megan consider incorporating and operating the business through a C corporation? Provide calculations to support your conclusion. (Ignore any payroll or self-employment tax considerations.)
b. How would your conclusion in part a change if Megan’s marginal tax rate were only 28 percent?
![ansver](/tpl/images/cats/User.png)
Answers: 1
![](/tpl/images/ask_question.png)
![](/tpl/images/ask_question_mob.png)
Other questions on the subject: Business
![image](/tpl/images/cats/ekonomika.png)
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 10:30, Uc34758
Issued to the joint planning and execution community (jpec) initiates the development of coas; it also requests that the supported ccdr submit a commander's estimate of the situation with a recommended coa to resolve the situation (joint force command and staff participation in the joint operation planning and execution system, page 10)
Answers: 2
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 14:50, demarcuswiseman
Prepare beneish corporation's income statement and statement of stockholders' equity for year-end december 31, and its balance sheet as of december 31. there were no stock issuances or repurchases during the year. (do not use negative signs with your answers unless otherwise noted.)
Answers: 2
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 17:50, nayelieangueira
What additional information about the numbers used to compute this ratio might be useful in you assess liquidity? (select all that apply) (a) the maturity schedule of current liabilities (b) the average stock price for the industry (c) the average current ratio for the industry (d) the amount of current assets that is concentrated in relatively illiquid inventories
Answers: 3
You know the right answer?
Megan operates a housecleaning business as a sole proprietorship. She oversees a team of 10 cleaning...
Questions in other subjects:
![Konu](/tpl/images/cats/fizika.png)
![Konu](/tpl/images/cats/mat.png)
Mathematics, 03.12.2020 01:20
![Konu](/tpl/images/cats/mat.png)
![Konu](/tpl/images/cats/en.png)
![Konu](/tpl/images/cats/ekonomika.png)
Business, 03.12.2020 01:30
![Konu](/tpl/images/cats/health.png)
Health, 03.12.2020 01:30
![Konu](/tpl/images/cats/ekonomika.png)
Business, 03.12.2020 01:30
![Konu](/tpl/images/cats/mat.png)
Mathematics, 03.12.2020 01:30
![Konu](/tpl/images/cats/mat.png)