Business Owner Planning
Photo by Scott Graham on Unsplash As the year-end approaches, individuals and businesses must engage in thoughtful tax planning. This time is great for adopting tax strategies to save money and build a good financial start for the next year. Effective tax planning goes beyond just reducing tax liabilities; it involves making informed decisions that align with and…
Photo by bruce mars on Unsplash Achieving consistent profits is the goal for any business, but it’s common for companies, especially newer ones, to face periods of no profit. If your business is experiencing such a phase, there’s a tax-related upside to consider. Just as profitable times bring tax benefits, the tax system also has measures to support…
Photo by Campaign Creators on Unsplash Financial challenges are a common hurdle among many small businesses. Over 66% report financial difficulties, with 43% specifically struggling with covering operating expenses. This underscores the critical need for sound financial advice for businesses. However, despite the obvious advantages of engaging financial advisors, only about a third of business owners consider this…
In the United States, small businesses aren’t merely numbers on a chart; they’re the heartbeat of our economy. With an astounding 30 million of them, they command a dominant 99.9% of all firms. Yet, amidst this vast landscape, many entrepreneurs dive in without a deep grasp of business finance. Financial planning, however, isn’t just another…
Located in the scenic Pacific Northwest, Oregon is celebrated not only for its breathtaking landscapes but also as a haven for businesses. Boasting over 396,925 small enterprises, this state has firmly established itself as a premier destination for business in the U.S. However, if you’re an entrepreneur eyeing Oregon as your business hub, it’s essential…
RSUs are used by many companies to reward and retain employees. Explore key considerations to help you make informed decisions about your Restricted Stock Units.
Learn about the tax benefits of contributing to a 401(k) plan in Oregon, including potential savings on state income taxes and how to maximize your retirement savings.
Discover the 7 golden rules for successful dividend investing. Learn how to pick the right stocks, manage risk and maximize returns with this comprehensive guide
Can you have both an IRA and a 401k? What are the limits, withdrawal rules, taxes, and eligibility? Learn everything you should know to have both 401k and IRA to maximize your profits.
If you are a small business owner, the self-employed 401(k) or solo 401(k) definitely has some benefits for you over other retirement planning options. But how much can a business owner contribute to a 401(k)? Read this article to learn more about 401(k) contribution limits.
