by KNSS | Dec 23, 2013 | IRS, Planning, Savings
Contributing to a retirement plan is one of the best tax shelters available to you during your working years.? Recently, the IRS announced that most of the retirement savings limits will NOT increase for 2014. RETIREMENT PLAN LIMITS FOR 2014: ?Savings Opportunity...
by KNSS | Nov 21, 2013 | Savings
On Halloween night, the IRS announced the cost of living adjustments applicable to the various retirement plan limitations. Unfortunately, the bulk of the retirement savings limits will not increase from 2013. According to the October 31st announcement made by the IRS...
by KNSS | Oct 17, 2013 | Practice Management, Savings
Let?s start by discussing some of the benefits of setting up and maintaining a Retirement Plan for your practice.? The first benefit is that contributions you make into the retirement plan are generally tax deductible, and then those contributions grow tax deferred.?...
by KNSS | May 14, 2013 | Planning, Taxes
As people switch jobs, change financial planners, or just move through life, it’s not uncommon to leave a trail of IRA accounts, 401k accounts, and 403b accounts. Why not take this opportunity to clean up these retirement accounts by consolidating them into one...
by KNSS | Feb 21, 2013 | Uncategorized
By Michael Bohigian, EA In part 1 of this series, we looked at the income side of the American Taxpayer Relief Act of 2012.? We’ll wrap up with Deductions and some tax-savings tips. What?s Being Deducted From Your Deductions Please, No Pease! At first blush, you...
