Self-rental is when you own a building and rent it to a business you run. The tax code treats it…
The Augusta Rule (IRC ยง280A(g)) lets you rent your home for up to 14 days a year and pay zero…
A ROBS lets you use 401(k) or IRA money to fund a business without the 10% early-withdrawal penalty or income…
A cash balance plan is a type of defined benefit pension plan built to look and feel like a 401(k),…
Small business owners have five main retirement plans to choose from: the Solo 401(k), SEP IRA, SIMPLE IRA, traditional or…
A fringe benefit is any form of non-wage compensation an employer provides to an employee. The IRS treats most fringe…
An accountable plan is an IRS-approved reimbursement policy that lets an S-corp pay its owner-employees back for legitimate business expenses…
An active trader walked in paying $634,114 in annual tax with zero retirement savings. Four coordinated moves cut his tax…
Hiring family members in your business is one of the cleanest tax strategies the IRC allows. Pay your child up…
A C-corporation pays a flat 21% federal tax on profits, regardless of income level. For some owners, that beats the…
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