by Accent452023 | Dec 30, 2016 | Business, Retirement Planning, Taxes
Even the most dedicated small business owners eventually want to retire. But succession planning can be tricky. If a transfer to an outside party isn’t feasible, an alternative is to consider selling your business to your employees. The big question is How? One...
by Accent452023 | Dec 1, 2016 | Business, Retirement Planning, Taxes
As the end of another year approaches, you’re looking for ways to reduce your tax bill. You have a handful of stocks in loss positions. You like the stocks and expect the prices to rebound. Should you sell now at a loss to offset other capital gains, then buy...
by Accent452023 | Sep 30, 2016 | Retirement Planning
If you are a sole proprietor with no full-time employees other than yourself and/or your spouse, and you are seeking to maximize your retirement plan contributions, a Solo 401(k) may be right for you. The key benefits of a Solo 401(k) plan allow you to: Manage your...
by Accent452023 | Sep 25, 2016 | Lifestyle, Retirement Planning, Taxes
All you baby boomers who have been stashing away tax-deferred retirement savings, take note: it is getting close to the time to start withdrawing funds from those accounts and, of course, paying taxes on those withdrawals. This includes distributions from traditional...