This 2020 tax season, we are seeing a lot of people contribute to ROTH IRA’s/401k’s when they should be contributing to a Pre-tax/Traditional retirement account. It’s even worse when a financial professional convinces a new client to convert their pretax IRA/401k into a ROTH. This is throwing buckets of money out the window! Here are […]
Tag Archives: business owners tax deductions
09
Nov
Nov
This year has been very different for the business owner. Many businesses struggled during 2020, due to COVID-19. But if your business was one of the fortunate that had a sizeable 2020 profit, then you may want to find out how you can pay less in taxes! There are some creative ways you can get […]