A Tax-Deductible Cruise to Mexico for a Business Meeting?

August 17, 2022
Cruise ship for travel to Mexico for business meeting

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
Woman in home office - self-employment concept

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
Self-employed businessperson saving on federal business taxes with S-Corp

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
Lock on money, ROBS tax implications concept

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
Frustrated businessman - ROBS Mistakes concept

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
Businessmen shaking hands - ROBS concept

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
Stairs symbolizing steps needed to establish a ROBS

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
ROBS concept

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
Cracking cube, metaphor for stock market volatility

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
recession and stock market trends

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 >>