Topics
Topic:
Business Owners
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Is a Cash Balance Plan the Tax Strategy Your Business Needs?
When business is going well and your income becomes more predictable, there’s often one big question that comes up during tax season: “Is there anything else I can do to reduce my tax liability while saving more for retirement?” That’s where a Cash Balance Plan might come into play. These plans aren’t for everyone, but…
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What Plan Contacts Need to Know About the New Long-Term Part-Time Rule (SECURE 2.0)
A key provision of the SECURE 2.0 Act is now in effect, and if you sponsor a retirement plan, it is important to ensure your operations are up to date. For plan years beginning after December 31, 2024, the eligibility timeline for long-term part-time employees (LTPTs) to contribute to 401(k) plans, and to ERISA-covered 403(b)…
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Protect Profits and People: The Top 3 Risk Management Strategies for Your Business
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Scott DeCecchis
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Alexander Dopazo
Running a business is about more than day-to-day operations — it’s about protecting the hard work you’ve invested and the people who make it possible. Business owners face the dual challenge of maintaining profitability while creating a workplace where employees feel valued and secure. Smart companies understand that risk management and employee retention are interconnected.…
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The OBBA §179 Deduction: Conversations Every Business Owner Should Be Having
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Michael Walsh
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Karen Ross, EA
It’s all the buzz… Congress passed another “new law” — the One Big Beautiful Bill Act (OBBBA). In it, major changes to the OBBA §179 deduction start in 2025. For small and mid-sized businesses, this could result in significant tax savings and better cash flow when investing in equipment, technology, or improvements. Forget all the…
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Incorporating Your Business: Unlocking Retirement and Tax Advantages
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Scott DeCecchis
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Ana B. Garcia, CPA, MSA, CTP
Incorporating your business is more than a legal formality—it’s a strategic financial move that can influence your long-term growth, retirement security, and overall tax outcomes. The entity you choose and how you structure your compensation can open (or close) doors to significant tax savings and wealth-building opportunities. Retirement Plan Options for Incorporated Businesses When structured…
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