Based on her current and future life situation, what tax planning
Life Situation Financial Data SingleAge 22Starting a careerNo dependents Monthly income $2,600 Living expenses $2,180 Assets $8,200 Liabilities $3,470 Emergency fund $530 Since the major portion of Pam’s income is based on commission, her earnings vary from one month to the next. This situation makes it difficult for her to establish a realistic budget. During lean months, she has had to resort to using her […]