Timothy Sumer

EPISODE 39: Is It Ok to Get a Tax Extension? WATCH FULL VIDEO: Do you need a tax extension and you’re freaking out about it? Today, I’m sharing the details about tax extensions for entrepreneurs and what you need to know about filing for an extension before the April tax deadline. I’m also explaining why tax extensions aren’t as bad as you might have thought. Join me in this episode to learn some of the top reasons you might need a tax extension and how you can file for one. If you enjoyed this episode, please Like and Share it. Comment your favorite parts of the episode and don't forget to subscribe to our channel. ☀️ --- Links: Understand Your Taxes and Make Money, register here: A TAX GUIDE TAILORED TO YOUR CREATIVE FREELANCE WORK OR SMALL BUSINESS: Follow me for more: Instagram: Facebook: Listen to the podcast here: #SunlightTax #TaxTalk #SunlightPodcast... ( read more ) LEARN MORE ABOUT: IRA Accounts INVESTING IN A GOLD IRA: Gold IRA

Please join Wed 2/23 @ 11:30 AM Pacific/2:30 PM Eastern as Harvard Law Attorney George Blower reviews the 2021 & 2022 Solo 401k Self-Directed Solo 401k Contribution Limits & Types for self-employed businesses taxed as Sole Proprietors, 1099-NEC/MISC Independent Contractors, Single Member LLCs. LEARN MORE: The solo 401k plan, commonly referred to as self-directed Solo 41k is the retirement plan of choice for self-employed individuals or owner-only businesses including for the features highlighted below: -The highest contribution limits for any defined contribution plan including up to $58,000 (or even $64,500 if you are 50 or older) for 2021 (for 2022: $61k or $67.5 if you are 50 or older). -The ability to make pre-tax, Roth, and even Mega Backdoor Roth contributions. -401k participant loans of up to $50,000 -Invest with checkbook control in real estate, cryptocurrencies, notes, private placements, and other types of alternative investmen