Freelancers often have much more freedom than their traditionally hired colleagues, but they also face unique challenges. One of the most important is the lack of an employer-sponsored...
Posted by Dennis Jao on 03/31/2021
This shouldn't come as a surprise, but the cost of healthcare is increasing. And, while it's kind of a bumper, there is a silver lining. There is a really useful way to offset...
Posted by International Tax Consultants, LLC on 01/30/2021
Being a self-employed, independent contractor, or working for a small business can seem like a dream. However, one downside is that you are unlikely to have access to a workplace pension...
Posted by Flynn Financial Group Inc on 01/14/2021
If your employer offers a 401 (k) plan, this can be one of the easiest and most effective ways to save for retirement. But while one of the main benefits of 401 (k) plans is that they...
Posted by UNIVERSAL ACCOUNTING & FINANCIAL SERVICES INC. on 11/25/2020
Thanks to the Internal Revenue Service's (IRS) cost-of-living adjustment, you can save more money on retirement plans and health savings accounts (HSAs) by 2020. This year, good...
Posted by Elliot Kravitz, ATP on 10/14/2020
The Internal Revenue Service has announced new, higher contribution limits for health savings accounts for the year 2021. A person will be allowed to contribute $3, 600 for individual...
Posted by Daniel P Vigilante CPA and Profit Consultants on 07/17/2020
Employers and employees all make contributions for retirement purposes every year. Internal Revenue Service is responsible for the collection of taxes and the enforcement of tax laws....
In the year 2020, how much do you think you can save for retirement? The 401(k) contribution limits are up, traditional IRA contribution limits stay the same, and almost all the numbers...
Posted by Debi G Hill, CPA on 12/28/2019
