If you are running a small business could you recover if your building was destroyed in a flood, fire, or hurricane?
If you are smart enough to start your own business, you should be smart enough to start a retirement plan as well!
Congress wrote an exception into the tax code, Section 179, that allows small businesses to take a full deduction for some capital equipment.
So what can you deduct if you are self-employed? A lot!
Small Business Week sponsored by the Small Business Administration is a national recognized event to honor the top entrepreneurs each year.
Roth IRAs have some interesting features that the traditional IRA does not.
You can always get at your money in an IRA, but if you do it before age 59½ you will get slapped with a 10% penalty plus taxes.
A rollover IRA is when you transfer money from a retirement account into an IRA.
The spousal IRA is an IRA funded for a spouse with little or no income by a working spouse with income.
IRAs are a very useful tool for retirement planning but not enough folks are contributing to them that are eligible to use them.
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