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Save for retirement by getting the most out of your 401(k) plan

Save for retirement by getting the most out of your 401(k) plan

by angieduran | Dec 20, 2022 | Uncategorized

Socking away money in a tax-advantaged retirement plan can help you reduce taxes and help secure a comfortable retirement. If your employer offers a 401(k) or Roth 401(k), contributing to the plan is a smart way to build a substantial nest egg. If you’re not already...
Succession planning considerations for construction business owners

Succession planning considerations for construction business owners

by angieduran | Dec 15, 2022 | Uncategorized

Construction company owners are great at completing projects, but many struggle to properly build a succession plan. Even if your retirement is decades away, it’s never too early to start. In fact, by initiating the process early, you can take stronger actions to...
Selling stock by year-end? Watch out for the wash sale rule

Selling stock by year-end? Watch out for the wash sale rule

by angieduran | Dec 14, 2022 | Uncategorized

If you’re thinking about selling stock shares at a loss to offset gains that you’ve realized during 2022, it’s important to watch out for the “wash sale” rule. The loss could be disallowed Under this rule, if you sell stock or securities for a loss and buy...
Answers to your questions about taking withdrawals from IRAs

Answers to your questions about taking withdrawals from IRAs

by angieduran | Dec 13, 2022 | Uncategorized

As you may know, you can’t keep funds in your traditional IRA indefinitely. You have to start taking withdrawals from a traditional IRA (including a SIMPLE IRA or SEP IRA) when you reach age 72. The rules for taking required minimum distributions (RMDs) are...
Prevent fraud at your construction company with a holistic approach

Prevent fraud at your construction company with a holistic approach

by angieduran | Dec 12, 2022 | Uncategorized

Most experts would agree that the best way to minimize fraud at any company, including a construction business, is to take a holistic approach. As the owner, you must set the tone at the top regarding a zero-tolerance, fully vigilant attitude toward criminal or...
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Recent Posts

  • The “wash sale” rule: Don’t let losses circle the drain
  • What’s a safe harbor 401(k)? Insights for employers
  • Understanding the “step-up in basis” when inheriting assets
  • What tax documents can you safely shred? And which ones should you keep?
  • Turning stock downturns into tax advantages

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