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Self-employed? Build a nest egg with a solo 401(k) plan

Self-employed? Build a nest egg with a solo 401(k) plan

Sep 2, 2022

Do you own a successful small business with no employees and want to set up a retirement plan? Or do you want to upgrade from a SIMPLE IRA or Simplified Employee Pension (SEP) plan? Consider a solo 401(k) if you have healthy self-employment income and want to...
Putting your child on payroll – W-2 or 1099?

Putting your child on payroll – W-2 or 1099?

Sep 1, 2022

We get this question a lot. It’s not uncommon for business owners to hire one (or more) of their children. The key question is, what is the best way to pay them? There are two options. Your child can either be an employee or a contractor. Employees will receive a W-2...