When we are working with businesses that have employees and want to offer a retirement option but may not want to get too complicated with a 401k, we usually land on two main options: SIMPLE IRA Payroll Deducted IRA What Is a SIMPLE IRA and What Do I Need To Know...
Hobby or business? This is something that is constantly asked in our Free Facebook Group so I knew it was time to do a Blog and Podcast episode for it. From a tax stand point, a hobby and business are taxed very differently so it’s important to know the...
If you have been listening to our Podcast or following our Blog for awhile you will know that we stress the importance of tax planning throughout the year and NOT during tax season. The fact remains true that if you are looking for and thinking about tax strategies...
When we are working with businesses with no employees, outside of the owner(s), we usually land on two main options: SEP IRA Solo 401k (AKA Individual 401k) Again, if you are looking to put away $6,000 or less per year towards retirement one of these plans would...
This week on our Small Business Tax Savings Podcast we had a special guest on, Chris Hanna. He shares his story of entering the entrepreneurial journey and shares tips he has learned along the way. Your taxes don’t have to be scary or complicated. As a new...
