for awesome writer

You are the tax manager at an account Office. To prepare the new staff for the upcoming tax season, you have decided to hold one-week training. Prepare a memo for the new tax staff explaining some of the common terms they will encounter during the upcoming tax season.

You page memo of 6 pages memo must discuss the following

1.       -Types of tax rate structure the U.S tax system apply.

2.       -Taxable in which the applicable tax rate is determined.

3.       -Ways in which the applicable tax rate is determined.

4.       -Tax liability, including how it is calculated using both the tax rate formula and the tax table.

5.       -Example of how to calculate the tax liability using the tax rate table and the tax rate formula for taxpayer with taxable income of $ 55,000. Filing status married filing jointly.

6.       -Discussion of marginal tax rate.

7.       -Discussion of average tax rate.