Innovative Strategies For Tax Controversies, Business Structuring And Estate Planning
IRA and SEP IRA can reduce taxes for 2024 1. Traditional IRA Contributing to a traditional individual retirement account (IRA) is a powerful strategy to save for your future while reducing your taxable income for 2024. If you qualify, traditional IRAs provide an...
The good news is that the amount you and your employees can save for retirement is increasing in 2025, providing a brighter outlook for your retirement savings. How much can you and your employees contribute to your 401(k)s or other retirement plans next year?...
After months of delay, the Setting Every Community Up for Retirement Enhancement (SECURE) Act was signed by President Trump on Friday, December 20, 2019. The Act, which was attached to a bipartisan fiscal year 2020 appropriations bill, will go into effect on January...
KEEP IT SIMPLE: A TAX-ADVANTAGED RETIREMENT PLAN SOLUTION FOR SMALL BUSINESSES If your small business doesn’t offer its employees a retirement plan, you may want to consider a SIMPLE IRA. Offering a retirement plan can provide your business with valuable tax...
This is my client letter addressing Tax Reform: Dear Client: Congress is enacting the biggest tax reform law in thirty years, one that will make fundamental changes in the way you, your family and your business calculate your federal income tax bill, and the amount of...
Roth IRA Rollovers For the past few years, plans with designated Roth accounts could allow an individual to roll over an amount from a non-Roth account into the individual’s designated Roth account in the same plan, but only amounts the individual could have had...
