business sponsored 401k

Attain Tax Deductions by Retroactively Adopting a Workplace Retirement Plan

Employers who could use a federal income tax deduction for 2020 can consider retroactively adopting a broad-based, tax-qualified retirement plan, such as a discretionary profit-sharing plan, cash balance plan or traditional pension plan and making employer contributions before the extended due date of their 2020 income tax return. An employer

2021-08-03T12:26:58-06:00August 3rd, 2021|
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