Suppose You Graduate with an Accounting Degree and Then Become

Multiple Choice

Suppose you graduate with an accounting degree and then become a certified public accountant.You work for a big firm but are offered a chance to prepare tax documents for your city government as an independent contractor.The city offers to pay you a consulting fee of $10,000.When deciding whether to accept the additional work,the most important tax factor in your decision is

A) the gross amount of the payment.
B) your current tax bracket.
C) your new average tax rate.
D) which political party controls the city government.
E) your marginal tax rate.