If you’re a small business owner with no employees (other than your spouse) and want to set up a retirement plan, consider a solo 401(k) plan. This is
As the end of the year approaches, many people start to think about their finances and tax strategies. One effective way to reduce potential estate taxes and show
As we approach 2025, changes are coming to the Social Security wage base. The Social Security Administration recently announced the wage base for computing Social Security tax will
Most small business owners panic when an IRS envelope arrives. Most of those envelopes are computer-generated notices that resolve by mail with documents. A small minority are actual
If you have a child or grandchild planning to attend college, you’ve probably heard about qualified tuition programs, also known as 529 plans. These plans allow prepayment of
Does your business require real estate for its operations? Or do you hold property titled under your business’s name? If so, you might want to consider this strategy.
The recent drop in interest rates has created some buzz in the real estate market. Potential homebuyers may now have an opportunity to attain their dreams of purchasing
Running a business with W-2 employees adds a whole layer of federal tax obligations that solo entrepreneurs do not face: payroll taxes, ACA health coverage reporting, worker classification
Fall is an ideal time to begin implementing strategies you could use to reduce your tax burden for both this year and next. One of the first planning
Here are some of the key tax-related deadlines affecting businesses and other employers during the fourth quarter of 2024. Keep in mind this list isn’t all-inclusive, so there
Working from home has become increasingly common. The U.S. Bureau of Labor Statistics (BLS) reports that about one out of five workers conduct business from home for pay.
When drafting partnership and LLC operating agreements, various tax issues must be addressed. This is also true of multi-member LLCs treated as partnerships for tax purposes. Here are
Let’s talk about how our experts can help you reach your financial goals.
