Well, might as well have life insurance. Come on, face it, you are going to die one day. What is one way to prepare for it? Live life to the fullest? Yes. Have fun with your loved ones? Yes. Buy life insurance? Yuck. Then again, it really does make sense. As you consider the wide...
What is a Cash Balance Plan? Why Are People Talking About Them?
More importantly, will one help me?! If you are an entrepreneur with with no employees, a cash balance plan can significantly help increase your retirement savings and reduce your tax liability. If you are trying to recruit employees, they can bring in great talent. Lastly, if you have want to retain employees cash balance can truly...
Turning a Hobby Into a Business Can Make You Rich
…and save you taxes! Many people dream of turning their passionate pursuit into a money-making venture. Creating a successful and profitable business is seldom easy, but the Federal government offers tax incentives to business owners that could make converting an avocation into a business start-up an effective part of your overall tax planning strategy. If...