December 2022
Intermediate to advanced
608 pages
21h 38m
English
Content preview from J.K. Lasser's Small Business Taxes 2023
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CHAPTER 16Retirement Plans
Retirement plans are a vital way for you, and your employees if you have any, to save for the future on a tax‐advantaged basis.
The Social Security benefits you may expect to receive will make up only a portion of your retirement income. And income from your business—through a sale, consulting agreement, or otherwise—may not be as much as you expected.
Having a retirement plan fosters employee goodwill and may aid in recruiting for new employees and retaining valued talent. In order to help you save for your own retirement and to encourage employers to provide retirement benefits to ...
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