Car: Riding a bike or bus to work. Think of saving the car insurance and cost of gas for years before buying your dream car.
Ask your payroll if you can split your income to W2 (base) and 1099 (extra) to allow your 1099 income into a C corp for max savings
Often, individuals employed by large corporations have the option to invest some of their qualified retirement plan contributions (e.g., 401(k) contributions), as well as employer
A significant portion of the small business market consists of one person businesses. If you have a client whose business is a one person operation,
Owner Goal Employees (Non-Owner) Plan Type Requirements Advantages Older Than Employees Maximize Contributions, Deductions & Benefits 0-4 Fully Insured Defined Benefit Plan, also known
The best time to pay taxes is today and not in the future when our investments or savings are bigger, which translates to bigger taxes.