Business Owners & Entrepreneurs, Taxes, Executives, Tax Reform, smallbusiness

Simple retirement savings options for your small business

Are you thinking about setting up a retirement plan for yourself and your employees, but you’re worried about the financial commitment and administrative burdens involved in providing a traditional pension plan? Two options to consider are a “simplified employee pension” (SEP) or a “savings incentiv..........

Read More
Scott Henvey
Scott Henvey

29 April, 2021

Business Owners & Entrepreneurs, Taxes, Tax Reform, Planning

Unemployed last year? Buying health insurance this year?

In recent months, there have been a number of tax changes that may affect your individual tax bill. Many of these changes were enacted to help mitigate the financial damage caused by COVID-19. Here ar..........

Read More
Maurice La Verdure
Maurice La Verdure

27 April, 2021

Taxes, Planning

If you’re selling your home, don’t forget about taxes

Traditionally, spring and summer are popular times for selling a home. Unfortunately, the COVID-19 crisis has resulted in a slowdown in sales. The National Association of Realtors (NAR) reports that e..........

Read More
Scott Henvey
Scott Henvey

17 June, 2020

Planning, Text Preparation Planning, Accounting Services, Investment Advisory & Wealth Mangement

Sec. 529 vs. Roth IRA plans - Choosing a college savings tool

Many people assume that a Section 529 plan is the ideal college savings tool. But the Roth IRA can also help parents save for college expenses. This article reviews the strengths of each. For example,..........

Read More
L&H CPAs
L&H CPAs

14 July, 2020

Planning, Traditional IRA, Retirees

Take it or leave it - How to handle your 401(K) plan when you retire

A major decision for those who are newly retired, or planning on retiring soon, is deciding what to do with the savings accumulated in their company’s 401(k) plan. This article takes a look at various..........

Read More
L&H CPAs
L&H CPAs

14 July, 2020

Planning, Removing money from a qualified plan, Business Owners, Business Consulting

Running your personal finances like a business

Most individuals don’t regard themselves as businesses, trying to turn a profit and beat the competition. But, occasionally, it may help to look at one’s financial situation this way to determine wher..........

Read More
L&H CPAs
L&H CPAs

14 July, 2020

Planning, Physicians

5 ways to improve practice efficiency

Practice efficiency is tied to practice profitability — and it can help physicians and staff members continue to provide good health care over time. This article lists five specific ways physicians ca..........

Read More
L&H CPAs
L&H CPAs

14 July, 2020

Planning

Defeating Age Discrimination in the Workplace

Despite record-breaking low unemployment rates, "age discrimination remains a significant and costly problem for workers, their families and our economy," says a report from the Equal Employment Oppor..........

Read More
L&H CPAs
L&H CPAs

14 July, 2020