Do you contribute multiple retirement plans? As a self-employed person, you've probably heard of a SEP IRA. When you are looking for ways to maximize
Did you know you can set up a new retirement plan before you file taxes and still make contributions for 2020?If you already have an IRA or Solo 401k
The Setting Every Community Up for Retirement Enhancement Act (SECURE Act) became law in December 2019. Interestingly, this piece of legislation
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
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
Traditional vs Roth Solo 401k contributions - which is better for you? The big difference is occurs when you begin withdrawing funds from your Roth
Many people have never seen Form 1099-NEC. That's because it hasn’t been used since AT&T agreed to divest itself into 22 subdivisions in 1982.
The Solo 401k deadline to establish a plan for 2020 rapidly approaches. This is the time of the year to think about how to lower your taxes. Convert
Because you are reading this financial blog, it’s likely that you already have a home budget. Maybe it’s a formal budget that you stringently follow.