Question: Module 4 Assignment Your Client Logan Lawrence is self employed. He owns and operates Logan's Landscaping. He has selfemployment income of $100,000 in 2021. Write


Module 4 Assignment Your Client Logan Lawrence is self employed. He owns and operates Logan's Landscaping. He has selfemployment income of $100,000 in 2021. Write a detailed letter to Logan Explaining Self Employment tax. Include the following points in your letter: A description of Social Security tax A description of medicare tax. An explanation of the wage cap for social security A review of the rates for 2021 An explanation of the employer and employee portion of self employment tax. A calculation of Logan'sself employment tax liability for 2021 The deductibility of the employer portion of self employment tax Your letter should be in good business form
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