ACCT430 - for T-Kay

No plagiarism will be accepted!  The paper calls for 2 pages and should be done in APA 6th edition format, meaning 2 pages + Abstract, in-text citations and reference page for a total of 4 pages in all.  The assignment is as follows:

       Another client, Ms. Dunham, has asked you to help her understand how her tax is computed. You need to provide Ms. Dunham with the following:

•           An example of how to calculate the tax liability using the tax rate table and the tax rate formula for a taxpayer with taxable income of $55,000, filing status married filing jointly.
•           An explanation of the marginal tax rate and average tax rates for this tax payer.

Be clear in your elaboration so that Ms. Dunham, a person with no business or tax background, can understand.