How Does The SECURE 2.0 Act Affect 401ks?
Our good friends over at Life, Inc. Retirement Services put together some great content around The Secure 2.0 Act and how it affects 401(k)s. If you are looking for what retirement options are available for your business, I recommend checking this out first: What Retirement Plan Options Are Available For My Business? The SECURE Act was originally passed […]
What Is An SBA Loan?
On this post we invited David Price and Zhenya Slack from Delphinus Capital. Here is a guest post from them: What is an SBA 7(a) Loan? The SBA 7(a) loan program is the most popular and most used type loan of the Small Business Administration’s lending program. The loan program is designed to assist small businesses […]
What Do I Need to Prepare for Tax Savings At Year-End?
December 31st is coming fast and there are things you want to be doing to prepare for year-end. Remember, once the clock ticks over to a new year, so many tax saving strategies are thrown out the door. That is why we want to take the time here today to go through what you need to be […]
What is an Owners Draw vs Payroll When I Pay Myself As A Business Owner?
There is always a lot of confusion around how to pay yourself as a business owner. This was a question that popped up again in our Free Facebook Group so we want to dig deep on it now! Before we do that I also highly recommend checking out previous Blog Post and Podcast Episodes related to this: […]
How Is My Business Entity Taxed?
The entity you use for your business plays an important role in many different areas, taxes being one of them. There seems to be a lot of confusion among small business owners related to how their business entity is taxed. We are going to clear the air here and get down to the details of […]
How Can I Maximize Business Deductions and Write-Offs?
Maximizing Deductions… This is one of my favorite topics to discuss with business owners. The fact is, business owners for far too long have been told that in order to lower their taxes they need to go out and buy things. “Go buy a truck” (that you don’t need), “go buy a new TV” (that […]
How Can I Utilize a Board Meeting for Tax Savings?
Last week Attorney Andrew M Ayers discussed What You Need to Do to Maintain Your Corporate Entity and one of the things he discussed is corporate meetings, minutes, and an annual meeting. Be sure to talk to your attorney about what type of meetings or board may specifically be required for your business. With that being said, today […]
What Do I Need to Maintain My Corporate Entity?
On this post we invited our preferred Attorney, Andrew M Ayers. If you would like to connect with Andrew or are looking to setup an entity you can contact him directly here. Here is a guest post from Andrew M Ayers: You’ve made it through the process of setting up your business (if you chose to […]
What Do I Need To Know About 1099s? (For Business Owners)
More than likely, if you are a business owner you have heard of 1099s. You have either received them or have been told you need to send them out. I want to take the time in this article to clear any confusion and ensure you have everything you need to know about 1099s because it […]
What Do I Need To Know About 1099s? (For Business Owners)
More than likely, if you are a business owner you have heard of 1099s. You have either received them or have been told you need to send them out. I want to take the time in this article to clear any confusion and ensure you have everything you need to know about 1099s because it […]