Skip to main content

Posts

Showing posts with the label howtopaylesstaxesasabusinessowner

Maximize Tax Savings and Save Money with a Traditional IRA

Traditional IRA Tax Deduction - Pay Less Taxes & Save Money Your traditional IRA contributions may be tax-deductible. The deduction may be limited if you or your spouse is covered by a retirement plan at work and your income exceeds certain levels. For 2021, 2020 and 2019, the total contributions you make each year to all of your traditional IRAs and Roth IRAs can't be more than: $6,000 ($7,000 if you're age 50 or older) Start your Traditional IRA with WeBull or M1Finance! 🤑 Get FREE stocks from WeBull when you open and fund a brokerage account with this link - 👏 M1 Finance for investing - $10,000 Self-Employed and Small Business Grant! How to Apply for the EIDL Video - If you are a Self-Employed / Sole-Proprietor you might qualify for small business grants and small business loans. Yes, Uber Drivers, Fiverr Freelancers, and other gig-economy workers might be eligible for the EIDL for example. Grants, Loans, and Rental Assi...