We have prepared a selection of frequently asked questions.
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Scott Henvey: Feb 4, 2025 10:13:04 AM
Once you reach age 73, tax law requires you to begin taking withdrawals — called Required Minimum Distributions (RMDs) — from your traditional IRA,...
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Scott Henvey: Jan 13, 2025 8:24:27 AM
Saving for retirement is a crucial financial goal and a 401(k) plan is one of the most effective tools for achieving it. If your employer offers a...
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Maurice La Verdure: Dec 2, 2024 12:50:45 PM
When start-ups launch, their focus is often on tightly controlling expenses. Most need to establish a brand and some semblance of stability before...
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Scott Henvey: Nov 11, 2024 11:04:53 AM
If you own a small business with no employees (other than your spouse) and want to set up a retirement plan, consider a solo 401(k) plan. This is...
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Maurice La Verdure: Apr 16, 2024 3:58:31 PM
If your business doesn’t already have a retirement plan, it might be a good time to take the plunge. Current retirement plan rules allow for...
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Maurice La Verdure: Apr 16, 2024 3:48:46 PM
If you have a tax-favored retirement account, including a traditional IRA, you’ll become exposed to the federal income tax required minimum...
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Scott Henvey: Mar 7, 2024 8:56:50 AM
Many small business owners run their companies as leanly as possible. This often means not offering what are considered standard fringe benefits for...
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Scott Henvey: Feb 8, 2024 11:55:37 AM
Although traditional IRAs and Roth IRAs have been around for decades, the rules involved have changed many times. The Secure 2.0 law, which was...
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Maurice La Verdure: Dec 19, 2023 11:51:56 AM
The job market remains relatively tight for businesses looking to fill open positions or simply add top talent when the fit is right. That means it’s...
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L&H CPAs: Apr 7, 2020 1:20:06 PM
As we all try to keep ourselves, our loved ones, and our communities safe from the coronavirus (COVID-19) pandemic, you may be wondering about some...
L&H CPAs: Aug 23, 2019 4:56:50 AM
What is Lorem Ipsum? Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy...
