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Now’s the Time to Consider Short-Term GRATs

08.27.13
Congress’s decision not to include a proposed minimum term for grantor retained annuity trusts (GRATs) in the tax legislation passed back in January — combined with low interest rates — may make it an ideal time to add short-term GRATs to your ...
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Don’t Skimp on S Corporation Salaries

08.22.13
S corporation owners often take modest salaries as a tax accounting strategy for savings. By distributing most of the corporation’s profits in the form of dividends rather than wages, the company and its owners can avoid payroll taxes on these am...
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Scam Alert: Michigan Corporations Beware

08.07.13
A new scam has just surfaced, pegging Michigan businesses as its victims. Recently, an entity calling itself “Corporate Records Service” has been sending corporations across the state what appears to be an official request to complete a “2013-A...
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