Student Learning Outcomes:
(a) After completing this assignment, students will be able to construct tax recommendations
based on given scenarios
(b) After completing this assignment students will be able to deploy a mixture of critical
thinking skills and quantitative reasoning in their tax saving strategies and recommendations.
Raymond Bruno, a single software engineer at Google, is making $130,000 annual income. He is
currently renting an apartment for $1,500.
1. Write and upload a concise five-page (double spaced) meaningful analysis, along with
tax saving recommendations based on his plans in 2018:
a) He plans to buy a 3 bedroom 2 bath house in Santa Clara for $1,000,000, assuming
he pays 30% down payment, makes monthly mortgage payment of $3,500 and has
accumulative interest expense of $30,000 the first year.
b) He plans to get married to his high school sweetheart, who works at Cisco System as
HR Specialist making $65,000 per year
2. Your report should contain detailed comparisons of how your plan for Raymond may
help to reduce his tax liability to what amount. Be sure to include actual amounts saved
and show how the savings were calculated.