by idei | Aug 28, 2024 | TaxBiz
SIMPLE stands for Savings Incentive Match Plan for Employees, indicating that both employers and employees contribute to the plan. ➡️ Employees have the option to defer a portion of their salary into their retirement account, and employers can choose to match that...
by idei | Aug 21, 2024 | TaxBiz
A SEP IRA, or Simplified Employee Pension Individual Retirement Account, is a type of retirement plan designed to assist business owners and self-employed individuals in saving for retirement. It functions similarly to a traditional IRA, as contributions are...
by idei | Aug 14, 2024 | TaxBiz
Are you starting a new job? While you may be focused on the work aspects of your new position, it’s important to recognize that this also marks a significant financial transition beyond just a salary change. Mastering this transition and ensuring you don’t leave any...
by idei | Aug 7, 2024 | TaxBiz
It is widely recognized that saving for the future is essential, and it is crucial to start this process as early as possible. Regardless of your age or the distance to retirement, the goal is to ensure a comfortable and enjoyable retirement. We share three essential...
by admin | Jul 31, 2024 | TaxBiz
➡️ Small business loans are one of the ways new entrepreneurs can get the financial support they need. The Small Business Administration (SBA) offers resources, including loans, to business owners to help them succeed and grow. If you are starting a new business or...
by admin | Jul 18, 2024 | TaxBiz
📝 Lenders, suppliers, insurers and other organizations can use business credit score to help make decisions about working with your business. A business credit score that indicates low risk can help your business obtain better interest rates on credit cards, loans and...