retirement plan contributions

Deductions for Self-Employed

June 3rd, 2021|Categories: Accounting, Burns Firm, Business, Services, Small Business, Tax, Tax Credits, Tax Deductions, Tax Planning, Tax Preparation|Tags: are business meals deductible, can i deduct miles driven for business, CPA Dallas, cpa near me, Dallas CPA, do I have to pay self-employment tax, health insurance deduction on tax return, home office deductions, how much is self-employment tax, is business travel deductible, retirement plan contributions, tax, tax credits for self-employed, tax deductions, tax deductions for self-employed, tax preparer near me, The Burns Firm, what can I deduct on my return for my business, what credits can I take on my tax return if I am self-empolyed|

If your business was forced to close due to the pandemic, you may be itching to get back in the game. Or maybe you're looking to fulfill a lifelong dream of [...]

Catch-up Retirement Plan Contributions Can Be Particularly Advantageous Post-TCJA

November 29th, 2018|Categories: Accounting, Burns Firm, Business, Tax, Tax Credits, Tax Deductions, Tax Planning, Tax Preparation, Tax Return, TCJA|Tags: contributing to 401K, CPA, pretax contribution, reetirement plan, retirement plan contributions, SIMPLE, tax, Tax planning, taxable income, TCJA, The Burns Firm|

Will you be age 50 or older on December 31? Are you still working? Are you already contributing to your 401(k) plan or Savings Incentive Match Plan for Employees (SIMPLE) [...]