Business Owner Financial and Tax Saving Strategies

Business Owner Financial and Tax Saving Strategies

Business Owner Financial and Tax Saving Strategies podcast explains financial and tax savings strategies so you as a business owner keep more of your hard earned dollars. We explore everything from how to set up your company's 401k retirement savings plan, run your 401k plan efficiently, and how to maximize your 401k savings. Your controller and CPA are not experts in financial planning or tax strategy savings across your personal and business life. This podcast will help you with some often missed common savings opportunities and lessor known strategies that will help you save more money. All legal. Inspired by how much money Brandon realized he could have been saving as a small business owner over twenty years, This podcast is for all solopreneurs, entrepreneurs and small to medium sizes business owners so they don't leave money on the table.

Episodes

March 29, 2024 5 mins

Types of safe harbors and why you need one.

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In today's episode what happens after the safe harbor deadline.

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March 28, 2024 5 mins

Learn about the pros and cons of a simple IRA.

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Learn how to build a 401k to retain employees.

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March 28, 2024 4 mins

Learn what the 401k programs are for restaurant owners and their employees.

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March 18, 2024 3 mins

Not all 401k plans are the same. Different professions and businesses require building specific 401k plans to assure maximum savings for the owners.

We go over the type of 401k plan design you want as attorney. 

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How to switch from a Simple IRA to a 401k.

This is a SECURE 2.0 updated rule.

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In this episode we cover how to build a business with a highly paid sales team.

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In this episode we are going over the Secure 2.0 tax credits are still available. 

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January 10, 2024 4 mins

We review the 2024 401k Contribution Limits that has been updated since 2023. 

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January 10, 2024 3 mins

The 3 Roles of a 401k Plan

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What is Auto-Enrollment in a 401k Plan, and Why You Need It

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Adding Profit Sharing to your Safe Harbor 401k



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Year end incoming planning is VERY important when it comes to your 401k retirement plan for the existing tax year. 

Get the key things you need to decide and cut off dates to do it.

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How exactly to set up your 401k retirement plan to double dip in your company's 401k plan for yourself as a business owner and entrepreneur.

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How to implement advanced profit sharing techniques for your company's 401k retirement savings plan that will allow you to save a lot of money tax free.

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The Mega Backdoor 401k strategy, exactly how to implement them in your company and save big money for retirement as a business owner and entrepreneur...tax free.

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Learn about Safe Harbor 401k retirement plans and how to implement them in your company to save money for retirement. You'll be surprised how much money you can save with this retirement savings strategy!

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A refund check from your 401k retirement plan means that money gets taxed and doesn't grow tax free. Matt explains how to fix that.

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Learn how to navigate the gray areas of control groups and ensure fairness to employees. Discover the three rules of control groups, including parent subsidy, fifty percent threshold, and family attribution. 

The Controlled Groups 401k retirement plan code applies to business owners, real estate investors, venture capital firms and other businesses that often have multiple corporations or LLCs to separate assets.

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