by idei | Apr 23, 2025 | TaxBiz
For business owners and independent professionals, strategic tax planning is an essential component of maximizing income and ensuring a stable financial future. One of the most effective tools available in 2025 is the Simplified Employee Pension Individual Retirement...
by idei | Nov 21, 2024 | TaxBiz
There are several retirement plans for small businesses, ranging from one to many employees. At Wave Tax, we offer a variety of options to help you determine the most suitable plans for you and your business. Let’s explore these choices. • Individual 401(k) Plan:...
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...