Category Deadlines

20
Dec

How can I reduce my tax liability before the end of the year?

If you have completed a tax projection that shows tax due, now is the time to look at ways you can reduce or defer your tax burden before the end of the year. Where should I invest to reduce my personal tax liability? Individual taxpayers can take advantage of various tax planning strategies. Here are …

3
Dec

Preparing for Year End

Preparing for Year End As the end of the year approaches, it can be confusing to decide what information you need to get together and send to your accountant. We all know that January 1st will be here before we know it, so we have put somethings together to help your business out. To Prepare …

14
Sep

Irma’s Impact on Employer Retirement Plans

In our last post, we told you how the Hurricane Irma may have affected your tax deadline. But has the storm’s devastation impacted the deadline for retirement plan funding? The IRS does not specifically address the deadline for accrued retirement plan funding for those allowed an extension of time to file certain tax returns through …

17
Aug

Deadlines and Details: Safe Harbor 401(k) Plans

  What is a Safe Harbor 401(k) Trying to Solve? Before you ask what a safe harbor 401(k) is, you should understand why someone would want one. Most 401(k) plans face an annual non-discrimination test where the IRS checks to see if highly compensated employees or business owners are maxing out 401(k) contributions for the …