Whether you are a business owner or simply want to save money on taxes, here are some ways you can reduce your tax liability this year: Reduce your taxable income by making contributions to a…
In October, the IRS announced plan limits and cost-of-living adjustments (COLA) for 2015 for retirement plans. Some contribution, adjusted gross income (AGI) and compensation limits have changed, but others remain the same. Here’s what you…
One week from today is the big day – April 15 – or Tax Day, as some of us think of it. No one enjoys paying taxes, but there is good news here. You still…
In our last blog post, we explained what a SIMPLE 401(k) plan is, how much an employer can contribute, why to adopt a SIMPLE 401(k), etc. In this post, we’ll cover some additional details that…