There are a number of tax obligations that must be met when a business closes its doors. Sadly, because of COVID-19, many businesses are facing this reality. Here are the basic requirements.
A new law might provide you with tax-saving opportunities related to your IRA or retirement plan.
Do you have self-directed retirement plan options beyond IRAs? Yes. Several! Learn all about them at our next Strategies IRA Meeting.
Self-Directed IRAs are terrific. But what if you want something different? Something more?
Jack Kiley of MidAtlantic IRA will help you understand:
• Other retirement plan options that still give you self-directed control
• How they work if you’re a sole proprietor or if you have an LLC, S-corp, or C-corp
• Contribution limits and how you can maximize them
• The greater flexibility you enjoy with certain plans
If you want to maximize the power of a self-directed retirement plan, join us and tap Jack’s expertise on these investment strategies.
This is the latest in a series of monthly Strategies IRA Meetings for 2019. Your moderator Jack Kiley has planned a step-by-step educational program for you throughout the year. So set your calendar now for the last Tuesday of every month. By the end of the year you’ll be well educated — and you could be far wealthier!
MidAtlantic IRA, LLC (https://www.midatlanticira.com/) and The Baltimore REIA (http://www.baltimorereia.com/) invite you to this powerful group of networkers. Don’t miss a great evening of networking. We are not selling at this Meetup, no books, no boot-camps, no CD’s. This is like-minded individuals who want to network to build their real estate business.
There is no charge for this meeting if you are a member of the Baltimore REIA, otherwise there is $19.00 charge at the door, cash only please. You need to buy your own meal. Separate checks are available from the restaurant.
Your net worth is a reflection of your network.
Are you a business owner with teenage or college-age children who constantly need money? Make them earn the money by hiring them. You can save taxes and reap other benefits.
It’s time to tie up loose ends for the 2018 tax year. to help alleviate some stress, we’re sharing ‘Six Important Check Ups’ that you’ll want to do for your IRA.
The income reduction from making catch-up contributions to your retirement plan might be especially beneficial in 2018 if you had significant itemized deductions in the past that now will be reduced or eliminated by the TCJA. Here’s what you need to know.
Because of the high exemption under the TCJA, few Americans have to worry about facing federal gift and estate tax liability in the next several years. But no matter your current net worth, it’s still important to be tax-smart when making lifetime gifts.
April 17 isn’t the only important tax-related deadline for individuals this year. To avoid interest and penalties, or simply to make the most of tax-saving opportunities, be sure you’re aware of these key dates for the rest of 2018.
Providing employee benefits can help businesses attract and retain the best workers. But the cost can be out of reach for some small businesses. Two tax credits can help make benefits more affordable.
The contribution limits for a couple of types of tax-advantaged retirement plans have gone up for 2018. How much should you contribute?