solok

From a tax perspective, a Solo 401(k) AKA Individual 401(k) is one of the most attractive retirement solutions for solopreneurs. The Solo 401(k) also allows you to cover your spouse, if you have other employees though, you have to consider other options, such as a more traditional 401(k)...

There's been a lot of talk recently about different plan options for small business, particularly from the reselling crowd, so here's a quick and dirty post on what you can, can't and should, or should not do. I'm going to broadly generalize and judge because that's the way I roll in such...

I set up an S-Corp/LLC to manage my resale business and to accept designation of other significant income. The resale business is going rather well and the other significant income is .. well .. significant. I am over 50. And talking with my accounting, I believe I can contribute up to $56k to a...