by admwiu | Dec 11, 2023 | Business owners, Investment management, Research, Retirement
A simplified employee pension plan (SEP) is a deferred-compensation arrangement that is similar to a profit-sharing plan. It can be set up by employers and self-employed individuals, as well as sole proprietorships and partnerships. Employers receive tax deductions...
by admwiu | Dec 6, 2023 | Business owners, Newsletter, Tax planning
There’s a certain amount of risk that comes with owning a business. Accidents can happen no matter how well a company is run, and a lawsuit could prove to be devastating if the business is found to be at fault. Interior of a third wave coffee shop. A limited liability...
by admwiu | Dec 5, 2023 | Business owners, Estate planning, Newsletter
A recent AARP study found that nearly half of all private sector employees ages 18 to 64 had no access to a retirement plan at work. It also found that small businesses are more likely to lack a work-based plan, putting their workers at a significant disadvantage when...
by admwiu | Dec 5, 2023 | Business owners, Newsletter, Tax planning
If you own a business, you might be able to use one of these two new federal tax credits to help offset your cost to purchase certain clean vehicles (including electric, plug-in hybrid, and fuel cell vehicles). Both credits are nonrefundable if they exceed your tax...
