Timothy Sumer

If you are a new business owner trying to better understand IRS Schedule C, this video is for you.  If you’re self-employed, you report your income and business expenses on Schedule C of Form 1040.  You determine your profit, on which you pay tax, by subtracting your expenses from your income.... ( read more ) LEARN MORE ABOUT: Profit Sharing Plans REVEALED: How To Invest During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing https://inflationprotection.org/irs-schedule-c-explained/?feed_id=58276&_unique_id=63bacc4c87bff #Inflation #Retirement #GoldIRA #Wealth #Investing #1040 #2020schedulec #businessowner #businesstaxreturn #howtofilloutschedulec #howtofilloutschedulecofform1040 #IRSScheduleCwalkthrough #ScheduleC #schedulec1040 #schedulecofform1040 #schedulectaxform #selfemployed #taxform #taxes #ProfitSharingPlan #1040 #2020schedulec #businessowner #businesstaxreturn #howtofilloutschedule

"If Santa Claus should fail to call, bears more come to Broad and Wall" - Yale Hirsch Adam is diving into the idea of "The Santa Claus Rally" - the 5 day period of trading during Christmas and New Years. Historically, has the Santa Claus Rally been a good time to invest? With the data from 2022 looking very similar to data we saw in 1974, Adam is diving in to the data and assessing what it could mean for the last week of the year.  With 2022 turning out to be the worst year in the history of 60/40 portfolios, this is worth taking a look at.  Please be sure to check out this episode on YouTube!  Libertas Wealth:  Subscribe on iTunes:   Subscribe on Spotify:  Subscribe on Google Podcasts:  For more VIDEO podcasts like this one:  For more AUDIO podcasts:  For educational VIDEOS and Stock Market Updates:  For general financial educational ARTICLES:  For more Real-Time Updates on the Economy and State of the Markets Foll

#employee401kplan #businessowner401k #settingupa401kformyemployees For business owners, a guide for when to start a 401(k) plan, including details about Roth features. Should you, as a business owner, set up a 401k plan for your employees? One of the common questions we receive is whether our clients should provide a 401k to their employees. There are three triggers we believe should prompt you, as a business owner, to look into setting up a 401k for your business. Any one of these can be enough by itself, but if two or three apply, then you know it’s time to get started. Here are the three triggers that will indicate if a 401k is right for your business: 1) If you are looking for more ways to potentially reduce your income tax bill personally and accumulate wealth outside or from your business. 2) If you care about your team and want to help them save and invest for their future. 3) If you want to offer an employment benefit that attracts and retains above average

Learn more about the Solo 401(k) retirement plan: -- If you are self-employed or a small business owner with no full-time employees, you can establish a Solo 401(k) retirement plan. Gain full control of your retirement plan and discover the many features of the Solo 401(k) plan that make it so attractive for businesses with no employees, other than the owner, freelancers and anyone who generates self-employment income. -- About IRA Financial - IRA Financial Group is the market's leading Self Directed IRA LLC and Solo 401(k) Facilitator. We have helped thousands of clients take back control over their retirement funds while gaining the ability to invest in almost any type of investment, including domestic or foreign real estate, tax liens, precious metals, peer-to-peer lending, new businesses, stocks, mutual funds, foreign currencies, options and much more. We have close working relationships with all the leading custodians making the set-up process seamless.... ( read

The IRS offers a great online tool for small business owners who are thinking about offering retirement plans to their employees.... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING IRA TO GOLD: Gold IRA Account CONVERTING IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA https://inflationprotection.org/irs-navigator-choosing-a-retirement-plan/?feed_id=50968&_unique_id=639ec80dd678a #Inflation #Retirement #GoldIRA #Wealth #Investing #benefits #businessowner #IRS #plan #Retirement #retirementplan #RetirementPlans #smallbusiness #SimpleIRA #benefits #businessowner #IRS #plan #Retirement #retirementplan #RetirementPlans #smallbusiness

Understand Solo 401k, Roth IRA, Traditional IRA and their advantages. We will go over retirement planning for individuals and for business owners.... ( read more ) LEARN MORE ABOUT: IRA Accounts CONVERTING IRA TO GOLD: Gold IRA Account CONVERTING IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA https://inflationprotection.org/retirement-planning-for-individuals-and-for-business-owners-roth-ira-solo-401k/?feed_id=48945&_unique_id=6396edc2bc637 #Inflation #Retirement #GoldIRA #Wealth #Investing #businessowner #businesstaxpreparation #businesstaxpreparationchecklist #businesstaxreturnchecklist #incometax #populartaxpreparationvideos #retirementplanning #retirementplanningforindividuals #RothIRA #saveontaxes #smallbusiness #smallbusinessowner #smallbusinesstaxpreparation #smallbusinesstaxes #Solo401k #tax #Taxadvice #taxdeductions #taxpreparationchecklist #taxwriteoffsforsmallbusiness #taxes #yearendbusinesschecklist #SEPIRA #b

Finance Tip | 3 Ways To Save More Money For Business Owners & Entrepreneurs In this tip video, Matthew Fox is going to show you 3 options that allow you to save more money not only just on taxes, but also to save more money for retirement down the road; opposed to choosing just a standard traditional ira. Here are the 3 options: 1. Self-Employed 401k 2. Simplified Employee Pension (SEP) 3. Simple IRA. Matthew will also be showing an example of how much money you can save for all 3 of these options, if you're the age of 40, and have $100,000 of business income. It's important to note that these amounts will change depending on your age & business income, this is just an example to show you how the calculator works. If you have more comprehensive financial questions, we would be glad to help! Contact us here: Matthew Fox AIF® CRC® Owner/Financial Planner www.perspectivewealthplanning.com 814-580-9881 Facebook: Twitter: Instagram: LinkedIn: ... ( re

Appointments: Website: This video has information about what is a Traditional IRA and who should and should not open it. It is a retirement account for self-employed or small business owners that need to save for retirement, and at the same time decrease taxes. It gives advice about saving the smart and simple way. It teaches that if a couple does not have a 401k at work they are not subject to the income limitations that a couple who have it are subject to. It answers the questions of how much is your traditional IRA contribution for year 2020 tax season.... ( read more ) LEARN MORE ABOUT: IRA Accounts INVESTING IN A GOLD IRA: Gold IRA Account INVESTING IN A SILVER IRA: Silver IRA Account REVEALED: Best Gold Backed IRA https://inflationprotection.org/what-is-a-traditional-ira-and-who-should-open-it/?feed_id=39915&_unique_id=63743de0856d8 #Inflation #Retirement #GoldIRA #Wealth #Investing #5912 #7012 #businessowner #CanI