Featured post:
Maximize Your Retirement Savings: 5 Steps to Take Before 2024 Ends
Time flies, and your retirement is now one year closer. As the December 31 deadline approaches, there’s still a window of opportunity to take steps that will help you strengthen your company’s retirement funding strategy before 2024 comes to an… Read Now >>
A Tax-Deductible Cruise to Mexico for a Business Meeting?
August 17, 2022
If you are doing business in Mexico or planning a business meeting down there, one creative method of transportation is taking a cruise. It can be a fun and relaxing way to make your way down south while also offering… Read Now >>
Considering Self-Employment? Here’s What You Need to Know.
August 10, 2022
Are you considering becoming self-employed and taking control of your own destiny? It can offer a great sense of freedom and financial potential if you have a strong foundation for your business. However, there are tax implications you need to… Read Now >>
Cut Employment Taxes with an S-Corp
August 3, 2022
If you are self-employed and finding yourself paying higher taxes, you may be able to save some significant cash by switching your business structure to an S-Corporation. You are likely currently reporting your business on Schedule C of your Form… Read Now >>
Tax Implications of ROBS
July 27, 2022
Some business owners look at a rollover as business startup (ROBS) as a clever way to generate capital for their business while avoiding income tax liabilities on their 401(k) funds they are withdrawing. As with any major financial move, it’s… Read Now >>
6 Mistakes to Avoid When Establishing a ROBS
July 20, 2022
As we continue our series on rollovers as business startups (ROBS), we want to look at some common mistakes you will want to avoid. We’ve covered some pros and cons, the 5 key steps you need to take to establish… Read Now >>
10 Important Facts about ROBS
July 13, 2022
We are focusing on rollovers as business startups (ROBS) this month. We walked you through the 5 key steps needed to establish a ROBS, as well as the advantages and disadvantages of using a ROBS to provide capital funding for… Read Now >>
5 Steps to Establish a ROBS
July 6, 2022
Last week, we began our discussion about rollovers as business startups (aka “ROBS”) as a way to generate capital for your business. This strategy allows you to pull funds from your qualified IRA or 401(k) account and invest them as… Read Now >>
Rollovers as Business Startups (ROBS)—Advantages & Disadvantages
June 29, 2022
If you are looking to start your own business or acquire ownership shares in an existing business, you may be able to utilize your 401(k) or IRA account. Rollovers as Business Startups (aka “ROBS”) allow you to invest your retirement… Read Now >>
How to Prepare for Market Volatility
June 22, 2022
Market volatility can be scary to even the most experienced investor. The stock market has been on a wild roller coaster ride in recent years, though it’s not really anything out of the ordinary when you look at historic trends.… Read Now >>
How Will Inflation and a Possible Recession Affect the Stock Market?
June 15, 2022
The economy is very interesting right now. We’re in a period of strong economic recovery coming out of the pandemic. The unemployment rate is only 3.6% and employee wages continue to rise. Consumers are spending a lot. Yet, these factors… Read Now >>
