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Tax Strategies for Business Owners: Video

Tax Strategies for Business Owners: Video

| October 16, 2023

Every business is unique, and it's important to implement the right tax strategies for you. By using tax-friendly strategies, you can potentially reduce your tax liability, boost your profits, and save for retirement. Now is the time to create a powerful retirement savings plan tailored to your business. Discover 5 ideas to optimize your tax strategy for a prosperous future.

  1. Max Out 401(k) Contributions
  2. Profit Sharing Contributions
  3. Cash Balance Plan
  4. Health Savings Account (HSA)
  5. Hiring Family Members


 

J. Timothy Corle CPC, CPFA, CFP®

Tycor Benefit Administrators, Inc.

850 Cassatt Road, Suite 310

Berwyn, PA 19312

www.tycorbenefit.com

610-251-0670

timc@tycorbenefit.com

Securities may be offered through Kestra Investment Services, LLC (Kestra IS), member FINRA/SIPC. Investment advisory services may be offered through Kestra Advisory Services, LLC (Kestra AS), an affiliate of Kestra IS.   Kestra IS and Kestra AS are not affiliated with Tycor Benefit Administrators, Inc. or any entity referenced herein.  Click here to view Form CRS 

This information was developed as a general guide to educate plan sponsors and is not intended as authoritative guidance or tax/legal advice. Each plan has unique requirements, and you should consult your attorney or tax advisor for guidance on your specific situation.

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