Question: Explain the primary difference in the tax burden borne jointly by MDI and Helly in the two wage scenarios Helly is considering. Income taxes in
Explain the primary difference in the tax burden borne jointly by MDI and Helly in the two wage scenarios Helly is considering. Income taxes in total fill in the blank 1 of 4 are the same across both alternatives; however, employment taxes fill in the blank 2 of 4 differ considerably. This is due to wages being subject to employment taxes; while the S corporation income allocation is fill in the blank 3 of 4 not subject to employment taxes. The employment tax savings is fill in the blank 4 of 4$
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