Tax Memorandum - Tax Memorandum To From Date RE Mr Raymond Beech October 7 2016 2017 Year End Tax Planning FACTS Mr Raymond Beech is a 65 year old

Tax Memorandum - Tax Memorandum To From Date RE Mr Raymond...

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Tax Memorandum To: Mr. Raymond Beech From: Date: October 7, 2016 RE: 2017 Year End Tax Planning FACTS Mr. Raymond Beech is a 65 year old retired auto worker who is currently operating a fishing excursion business out of Ohio, Pennsylvania, and Florida. Currently, Mr. Beech is receiving early social security benefits of approximately $2,500 per month, and a pension from Ford Motor Company totaling $55,000 per year. He earns $15,000 through interest, dividends and investment income, as well as spousal income of $30,000 per year. He estimates combined annual income from all of his excursions to amount in $20,000 to 25,000. Mr. Beech has recently received a corporate honorarium of $5,000 for participating in the review of a trolling lure. Mr. Beech is married, and owns three homes. His Florida home is where his wife resides year round, and is
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  • Spring '14
  • JosephJ.Galante
  • Business, Ford Motor Company, Mr. Raymond Beech, Mr. Beech

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