ACC 330 - Final Project Three Formal Letter to Client Template.docx - Maloney Hoffman Raabe Young CPAs 5191 Natorp Boulevard Mason OH 45040 Daniel

ACC 330 - Final Project Three Formal Letter to Client Template.docx

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Maloney, Hoffman, Raabe, & Young, CPAs 5191 Natorp Boulevard Mason, OH 45040 August 21, 2019 Daniel Butler and Freida Butler 625 Oak Street Corbin, KY 40701 Dear Mr. and Mrs. Butler: I received the email that was sent and understand the some of the concerns as well as the questions that were asked. This email will address every concern and question that was brought to my attention concerning your future taxes. The main thing I’m getting from everything is that you all want to reduce your tax liability. Now, there are a lot of different ways to reduce tax liabilities, but those things will be easier to do after knowing what goes into determining a tax liability. Tax liability is determined by income that is earned and money that is made from the sale of an asset. Liked wages, tips, and/or a salary that you from working a job which can be found on a W2 or 1099 for some people. Or money from the sale of a house, boat, stocks, or any other asset. By doing a couple of simple things like checking withholdings on a paycheck,
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  • Fall '08
  • V
  • Taxation in the United States

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