Is your business entity providing you with the greatest possible tax-deductions? Does it provide you with adequate protection from liability? If answers to these questions are important to you, (and they should be!) don’t miss my new article. It will explain how the four basic business entities produce tax deductions and provide liability protection. You’ll also learn … [Read more...]
Retirement
Sorted by Date
How to set up a Roth IRA college fund
It’s a fact. Business ownership can give you fat tax deductions for hiring your children and, at the same time, give your children tax-free income. And that’s just for starters. If you handle things right, your children can open Roth IRAs where they can invest their tax-free income in a college fund. Want to learn how to take advantage of this extremely attractive tax … [Read more...]
How to get more from your Roth IRA
A Roth IRA is a powerful, tax-advantaged retirement plan that can save you a lot of money. So is a Foreign Sales Corporation (FSC). In my new article, I’ll show you how to put a tax-advantaged FSC inside a tax-advantaged Roth IRA. The result? More money in your pocket! If you want to find out how to turbo charge your retirement plan, I urge you to check out my new article … [Read more...]
Is the solo 401(k) right for you?
In Part 4 of our series on retirement plans for the one-owner or husband-and-wife-owned business, we take a close look at the solo 401(k). This flexible, defined-contribution retirement plan lets you take the largest deductions of the plans reviewed so far and offers several significant advantages. To find out more, don’t miss this important article titled Tax Tips: Best … [Read more...]
Is the SIMPLE-IRA right for you?
Don’t miss this third in a series of articles on retirement plans for small business owners. In this issue I’ll explain why the SIMPLE-IRA may be the best retirement plan for the business owner with a modest income. As you’d expect from its name, the SIMPLE-IRA is easy to understand and implement. To find out more, take a look at my latest article titled Tax Tips: Best … [Read more...]