Many people don’t focus on retirement until later in life. Most are not able to significantly contribute towards retirement until their
Best Practices To Prepare a Self-Employment Tax Return
While the official IRS deadline to prepare and file your self-employment tax deadline has passed, many small business owners are still getting their
Self-Employment Taxes – Mistakes to Avoid
Self-Employment Taxes - Biggest Tax Mistakes to Avoid No one expects you to know all of the complicated tax codes. But along with the most common tax
Self-Employment Taxes – Maximize Deductions
Maximizing your deductions when filing self-employment taxes is a big deal. Filing your self-employment taxes has two conflicting goals. 1. Minimizing
How to Elect S-Corp Status – Back Dated for 2020
Did you know you can elect S-corp status for your business, even back dating to Jan. 1st, 2020? Nabers Group provides these insights to better
Can a Married Couple Have a Sole Proprietorship?
You have a tremendous number of ways you can structure, control, and manage your retirement account. The Solo 401k is at the center of that
IRS Raises 401k Contribution Limits for 2021
January 2021 begins a new tax year and with it, the IRS increases Solo 401k contribution limits. This means you can put more money into your
New COVID Relief Bill Worth $900 Billion
On December 21, 2020, the U.S. House and Senate passed a new COVID-19 Stimulus package worth $900 billion. Inside the 5,593-page bill are provisions
SECURE ACT – 2020 Tax Implications for Year End
Planning your tax strategy? The SECURE Act may have 2020 year-end tax implications that affect you. Now is a good time to refresh your memory about