There have been many tax changes in 2020. Despite past, present and future changes to the tax rules, some year-end tax-planning advice remains unwavering. Here are a few more time-tested suggestions in part 2 of our Year-End Tax Planning Series.
Video - Year-End Tax Planning Tips (Part 1)
Year-End Tax Planning Tips (Part 1)
Procrastination is easy, especially when it comes to tax planning.
There have been many tax changes in 2020. Despite past, present and future changes to the tax rules, some year-end tax-planning advice remains unwavering. Here are a few time-tested suggestions, along with practical tips on the new tax laws passed earlier this year.
Video - Good News for PPP Forgiveness
Small business owners, self-employed workers and freelancers received some welcome news when Congress passed the Paycheck Protection Program Flexibility Act. Let Sabina take you through what you need to know and what you need to do to qualify to have all or a portion of its Paycheck Protection Program (PPP) loan forgiven.
Good News for PPP Forgiveness
Video - What Can You Do If You Can Not Pay IRS
Let Sabina take you through what to do and what not to do when you owe money to the IRS.
What Can You Do If You Can Not Pay IRS
Video - Back to School - Part 2: The Art & Science of When to Pay Education Expenses
“Back To School” Series #2: The Art & Science of When to Pay Education Expenses
Video - Back to School - Part 1: Saving for Higher Education
As students head back to the classroom this month, education is on the minds of parents across the country. And one key concern of parents — whether a child is just starting kindergarten or is off to high school — is how to fund the rising cost of college. Watch Sabina take you through your options.
“Back To School” Series #1: Saving For Higher Education
How to Check Your Own Financial Health
Video - Best Retirement Plan Options - Part 3
Part 3 - Best Retirement Plan Options
All of the plans we’ve discussed in part 1 and part 2 assume that you’re better off taking a tax deduction for plan contributions now, then letting plan assets accumulate tax-free over time. That’s a great strategy if your tax rate is higher now than it will be in retirement. But that traditional pattern doesn’t always hold true. Therefore, here are two groups of alternatives you might consider if standard qualified plans don’t fit the bill.
Video - Best Tax-Deferred Retirement Plan - Part 2
In Part 1 of this series, we looked at the best tax-deferred retirement plans for Self-employed, Freelancers & Small Business Owners. Then we were asked about highly profitable small business owners who want to, and are able to, contribute more than the $57,000 upper limit for SEPs or 401(k). So what are their options?