Description
This case centers around a couple who own a sole proprietorship who has previously been married. The couple has income tax concerns with their small business. The couple has children from previous marriage and children together but yet have basic wills assigning guardianship. The couple both work at the sole proprietorship.
Learning Objectives
1. Financial planning solutions for income tax for both previous marriage and current marriage due to children
2. Development of basic financial information related to their tax return
3. How to review the best tax strategy for couple
4. Development of best corporate strategy for sole proprietorships