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ACC 330 Final Project Two Tax Planning Maloney, Raabe, Young, Nellen, & Hoffman, CPAs5191 Natorp BoulevardMason, OH 45040October 29, 2019Dan and Freida Butler625 Oak StreetCorbin, KY 40701Dear Dan and Freida,You asked me to estimate your after-tax income under the assumption that Dan will work only halftime next year. The $37,000.00 reduction in Dan’s pay will be partially offset by a $4,000.00 estimated increase in the amount Freida will earn. This net $33,000 reduction in salary and wages will also result in a decrease in your Kentucky income tax, Social Security tax, and Medicare tax. The net reduction in your