Altaira Accounting
 
   
Newsletter
     
How Should You Set Up Your New Business?
If you are forming a small business, you face several choices: Sole Proprietorship, Partnership, C-corporation, S-corporation, Limited Liability Partnership and Limited Liability Corporation. Here are the basics.

Sharing Your Stock Market Losses With Uncle Sam
If you've lost money in the stock market, you should be aware of the tax breaks that capital losses can generate and how to avoid the tricky Wash Sales trap.

Does Marriage Complicate Your Tax Return?
In spite of legislative changes and political hype, the "marriage penalty" that has existed in the tax laws is far from gone.

What's the "Right Amount" of Compensation for an S Corporation Shareholder/Employee?
The S corporation has been used by small business owners to avoid payroll taxes, and the IRS knows it. Here is a case that describes how a CPA got into trouble with his own S corporation--and how you can avoid the mistakes that were made.

The Home Office Deduction: Know the Do's and Don'ts
The rules regarding the home office deduction have changed a lot over the years.

Dangers in Shareholder Loans Continue
Loans between shareholders to closely held corporations are subject to special tax scrutiny and, if not properly documented, can produce adverse tax results.

Help With Education Costs
Virtually all taxpayers can now get help to pay for education costs.

To Roth or Not To Roth? That is the IRA Question!
For many taxpayers, the Roth IRA is one of the best tax-advantaged retirement plans around. Are you eligible to harvest the grapes of Roth? Is a Roth IRA or a traditional IRA right for you?

Our Top 10 Tax Tips
Recent legislation changed several parts of the tax laws affecting individuals. Every year, it's wise to consider how tax planning will be affected, so here are our Top 10 individual tax planning tips for this year.


 

 


 
 5413 S. Westnedge Ave., Suite C
 Portage,  MI 49002
(269) 324-5133