A generous corporation not only gives its CEO a $1,000,000 bonus, but gives her enough money to cover the taxes on the bonus, the taxes on the additional taxes, the taxes on the taxes on the additional taxes, and so on. If she is in the 39.6% tax bracket, how large is her bonus?

If a member has the $455 USD a quarter ($35 USD a week) plan, how many weeks are included in this plan? How much would this be per quarter and per week if they had a 25% discount?

if you work for a non-profit and you want to (and its legal) to run your own lottery. Suppose  you need to collect at least $25,000.  Design a lottery to allow you to achieve your goal.  HOw many tickets would you sell?  How many prices ( and for how much ) would you have? How much would you charge per ticket?

Harv, the owner of Harv’s Meats, knows that he must buy a new deboner machine in 4 years. The machine costs $12,000. In order to accumulate enough money to pay for the machine, Harv decides to deposit a sum of money at the end of each 6 months in an account paying 6% com-pounded semiannually. How much should each payment be?

In a company with 50 employees, the average monthly salary is $5,000. If 15% of the employees receive a bonus of $1,000, what is the approximate average monthly salary for the remaining employees? (A) $4,250(B) $4,750(C) $5,000(D) $5,250

You are currently making $70,000 a year after taxes and are interested in maintaining your current income.  If you are expecting $2,500 a month from Social Security, how much will you need to withdraw from you retirement accounts monthly?

What would Jeremy's taxable income be if he were to choose a standard deduction of $5700 instead of itemizing his deductions? Would it be higher or lower?

Brad had a small gathering at a local steakhouse. The steakhouse offers three dinner platters which vary by size and price. They ordered 4 of the 6-ounce platters, 2 of the 8-ounce platters, and 2 of the 11-ounce platters. Steak Platter Prices • 6-ounce $9.95 • 8-ounce $12.95 • 11-ounce $15.95 If a gratuity of 18% was added to the bill, which of the following is closest to the total of the steak platters and gratuity, ignoring sales

Marc Batchelor, a self-employed sales consultant, has estimated annual earnings of $305,000 this year. His social security tax rate is 12.4% up to the wage base, Medicare is 2.9%, and his federal income tax rate is 24%. How much estimated tax (in $) must Marc send to the IRS each quarter?