$ 12,000 . The corporation has asked you for advice . What do you recommend ?
Your final portfolio artifact is the comprehensive , professional tax memo and appendix that you develop for Ms . Emma Shire , another client at S . N . H . U ., LLC . As
you did with the previous two artifacts , make sure to incorporate the feedback that you receive from your instructor and peers .
Memo : You will justify recommendations and explain potential issues and future decisions relating to Ms . Shire ’ s tax situations . Given that Ms . Shire is not well
versed in accounting , make sure that your memo addresses her concerns in language that she can understand .
Address Ms . Shire ’ s questions pertaining to personal tax planning . Based on her given information , what actions can Ms . Shire take throughout the year
to effectively reduce her tax liability ? Provide specific recommendations , defend them with tax regulations , and explain the tax consequences or savings
in conceptual and dollar value terms .
Address Ms . Shire ’ s questions pertaining to her partnership income . Based on the given information , what actions can Ms . Shire take throughout the
year to effectively reduce her tax liability from the partnership ? What are the tax consequences to Ms . Shire if she and her partner choose to change