Identify the tax issue(s) posed by the facts presented. Determine the possible tax consequences of..

Identify the tax issue(s) posed by the facts presented.
Determine the possible tax consequences of each issue that you identify

Jerry and his wife, Joanie, own a successful concrete
company that is organized as a corporation. Jerry spends all his time running
the company, whereas Joanie has a full-time job as a legal secretary. The
corporation pays Joanie a salary of $45,000 a year as vice president.