Year End Tax Planning
Only 73 days left until the end of the year! Below are some tax savings strategies that you will want to take advantage of before year end.
2024 Tax Planning
Congrats! You just finished paying your 2023 taxes! Now is the perfect time to get started on tax planning for 2024.
The Solo 401k
ATTN: Solopreneurs – The Solo 401k is the secret wealth hack you didn’t know you needed. If you are a business owner and your only employee is yourself, you can save a massive amount in taxes by opening a Solo 401k plan. These plans can be setup at a reputable firm like Charles Schwab, and often have low/no fees.
Pay Yourself First
Your savings rate is key for measuring your financial health and achieving financial independence.But which comes first: saving money or paying expenses?