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Some of the tax-planning opportunities

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Reference no: EM13518175

Sherry just received a big promotion at Barcardo Corporation. Last year her salary was $100,000 but due to her promotion she expects to earn $180,000 this year. She expects that she will be able to save about $60,000 of her pay raise and is interested in exploring ways to minimize her federal tax liability. List some of the tax-planning opportunities with respect to her salary.

Reference no: EM13518175

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