Every business is unique, and it’s important to implement the right tax strategies for you. By using tax-friendly strategies, you can potentially reduce your tax liability, boost your profits, and save for retirement. Now is the time to create a powerful retirement savings plan tailored to your business. Discover 5 ideas to optimize your tax strategy for a prosperous future.
- Max Out 401(k) Contributions
- Profit Sharing Contributions
- Cash Balance Plan
- Health Savings Account (HSA)
- Hiring Family Members
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This information was developed as a general guide to educate plan sponsors and is not intended as authoritative guidance or tax/legal advice. Each plan has unique requirements, and you should consult your attorney or tax advisor for guidance on your specific situation.
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