Just because you work for yourself doesn’t mean you need to miss out on the savings opportunity a 401(k) provides.
Attracting the right staff that will support the mission of your company is often achieved by offering competitive benefits like retirement plans.
The state of Georgia offers many tax credits to businesses. These credits are sometimes overlooked or not fully understood by many tax preparers. If your company pays Georgia income taxes, including pass-through entities, these tax credits could save you money. Here is a brief overview of some of the tax credits your company could benefit from.
The 2012 Tax Act includes several provisions for small businesses—many of which were retroactive for 2012. Learn more in this Tax Tip.
If you need to tap the funds in your IRA, you may be able to avoid the early 10% withdrawal penalty. Read more in this Financial Tip.