by John Boyle, CFP®, EA, CTC, CEPA | Apr 15, 2020 | Business Planning
Congress has authorized Economic Injury Disaster Loans and the Paycheck Protection Program just in time. The COVID-19 pandemic has upended all aspects of life around the world, including the world of business here in the U.S. If your business is struggling, you may be...
by John Boyle, CFP®, EA, CTC, CEPA | Apr 13, 2020 | Business Planning, Tax Planning
Here’s some possible good news: Congress decided to give you significant relief with self-employment and payroll tax credits due to the COVID-19 pandemic. If you own a corporation or you’re self-employed, then self-employment tax and payroll taxes are likely two...
by John Boyle, CFP®, EA, CTC, CEPA | Nov 12, 2019 | Business Planning, Insurance Planning, Investment Planning, Retirement Planning, Tax Planning
When you get busy with your business, it’s easy to forget about your retirement accounts and medical coverages and plans. But year-end is approaching and now is the time to take action. Here are the six strategies that you can implement before the end of the year....
by John Boyle, CFP®, EA, CTC, CEPA | Mar 11, 2019 | Business Planning, Insurance Planning, Tax Planning
Premiums for Medicare health insurance can add up to a substantial sum. That’s especially true if … you have a high income, and you’re married and both you and your spouse are paying premiums. Fortunately, the premiums can potentially help your tax situation. The...
by John Boyle, CFP®, EA, CTC, CEPA | Feb 18, 2019 | Business Planning, Investment Planning, Retirement Planning, Tax Planning
New tax code Section 199A can give you a tax deduction of up to 20 percent of your taxable income reduced by net capital gains. In new final regulations, the IRS has provided clarity on the capital gains component of the Section 199A tax deduction. The Section 199A...
by John Boyle, CFP®, EA, CTC, CEPA | Jun 17, 2018 | Business Planning, Estate Planning, Insurance Planning, Tax Planning
Most business partners have briefly reviewed their Buy-Sell Agreement while consulting with their attorney though I’ve found most of those attorney-client discussions tend to have been limited to quick-start legal provisions, which fall short of meeting their...
