Miriam is a self-employed computer consultant. Her business nets $120,000 annually and she takes $85,000 of the

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Miriam is a self-employed computer consultant. Her business nets $120,000 annually and she takes $85,000 of the earnings in salary. Miriam is considering incorporating her computer consulting business.
Identify the tax issue(s) posed by the facts presented. Determine the possible tax consequences of each issue that you identify.

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Concepts In Federal Taxation

ISBN: 9780324379556

19th Edition

Authors: Kevin E. Murphy, Mark Higgins, Tonya K. Flesher

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