by Jennifer Springer | Nov 4, 2022 | Business, Tax
How much can you and your employees contribute to your 401(k)s next year — or other retirement plans? In Notice 2022-55, the IRS recently announced cost-of-living adjustments that apply to the dollar limitations for pensions, as well as other qualified retirement...
by Brian Hare, CPA, CGMA | Apr 14, 2021 | Business
Are you thinking about setting up a retirement savings plan for yourself and your employees, but you’re worried about the financial commitment and administrative burdens involved in providing a traditional pension plan? Two options to consider are a “simplified...
by Brian Hare, CPA, CGMA | Nov 17, 2020 | Business
If you recently launched a business, you may want to set up a tax-favored retirement plans for yourself and your employees promptly. There are several types of qualified plans that are eligible for these tax advantages: A current deduction from income to the employer...
by Brian Hare, CPA, CGMA | Mar 27, 2019 | Business
If you own a business and don’t have a tax-advantaged retirement plan, it’s not too late to establish one and reduce your 2018 tax bill. A Simplified Employee Pension (SEP) can still be set up for 2018, and you can make contributions to it that you can deduct on your...
