Tax rate schedule attached

You are the tax manager at an account Office. To prepare the new staff for the upcoming tax season, you have decided to hold one-week training. Prepare a memo for the new tax staff explaining some of the common terms they will encounter during the upcoming tax season.

You page memo of 6 pages memo must discuss the following

1.      -Types of tax rate structure the U.S tax system apply.
2.      -Taxable in which the applicable tax rate is determined.
3.      -Ways in which the applicable tax rate is determined.
4.      -Tax liability, including how it is calculated using both the tax rate formula and the tax table.
5.      -Example of how to calculate the tax liability using the tax rate table and the tax rate formula for taxpayer with taxable income of $ 55,000. Filing status married filing jointly.
6.      -Discussion of marginal tax rate.

1.      -Discussion of average tax rate.