• Don't Have a Retirement Plan? Maybe a SEP Is the Answer.

Don’t Have a Retirement Plan? Maybe a SEP Is the Answer.

Article Highlights: What Is a SEP? Contribution Limits Employee Coverage Requirements How to Establish a SEP SEP Distributions What is a SEP? Like many small business owners, you probably find yourself very busy in the wake of the COVID slowdown and are getting back up to speed. But don’t forget about your future. There are a number of retirement plans available, including Keogh plans [...]

By |2021-09-01T18:22:33+00:00September 8, 2021|Business|Comments Off on Don’t Have a Retirement Plan? Maybe a SEP Is the Answer.
  • When Is Your Business No Longer a Startup?

When Is Your Business No Longer a Startup?

There's a specific sensibility and respect that gets attached to businesses that are referred to as "startups." There's a general feeling of risk taking and future-facing enterprise that owners enjoy. But the actual definition of what a startup is can be murky, and even if your business meets the definition in the eyes of the investing community, at what point do you graduate from [...]

By |2021-09-01T18:22:42+00:00September 7, 2021|Business|Comments Off on When Is Your Business No Longer a Startup?
  • Minimizing Tax on Social Security Benefits

Minimizing Tax on Social Security Benefits

Article Highlights: Income as a Factor Filing Status as a Factor 85% Maximum Taxable Base Amounts Deferring Income Maximizing IRA Distributions Gambling Gotcha Whether your Social Security benefits are taxable (and, if so, the amount that is taxed) depends on a number of issues. The following facts will help you understand the taxability of your Social Security benefits. For this discussion, the term “Social [...]

By |2021-09-01T18:22:53+00:00September 6, 2021|Taxes|Comments Off on Minimizing Tax on Social Security Benefits
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