by Betro and Company, PC | Nov 26, 2021 | Uncategorized
Here’s an easy question: Do you need more 2021 tax deductions? If yes, continue reading. Next easy question: Do you need a replacement business vehicle? If yes, you can simultaneously solve or mitigate both the first problem (needing more deductions) and the second...
by Betro and Company, PC | Nov 26, 2021 | Uncategorized
The clock continues to tick. Your retirement is one year closer. You have time before December 31 to take steps that will help you fund the retirement you desire. Here are four things to consider. 1. Establish Your 2021 Retirement Plan First, a question: As you read...
by Betro and Company, PC | Nov 11, 2021 | 2021 Last-Minute Year-End Tax Strategies, Uncategorized
All small-business owners with one to 49 employees should have a medical plan for their business. Sure, the tax law does not require you to have a plan, but you should. Most of the tax rules that apply to medical plans are straightforward when you have 49 or fewer...
by Betro and Company, PC | Nov 10, 2021 | 2021 Last-Minute Year-End Tax Strategies, Uncategorized
If you are thinking of getting married or divorced, you need to consider December 31, 2021, in your tax planning. Also, do you give money to family or friends (other than your children, who are subject to the kiddie tax)? If so, you need to consider the zero-taxes...
by Betro and Company, PC | Nov 8, 2021 | 2021 Last-Minute Year-End Tax Strategies, Uncategorized
When you take advantage of the tax code’s offset game, your stock market portfolio can represent a little gold mine of opportunities to reduce your 2021 income taxes. The tax code contains the basic rules for this game, and once you know the rules, you can apply the...
