This article discusses some of the options my clients look at when choosing the most appropriate personal or business retirement plan. Tax rules around retirement plans are endlessly complex, and there are numerous options available, so this is just a look at some of the most common plans. I am also not including all the …
Tag Archives: Tax Reduction
California Passthrough Entity Elective Tax (PTET)
The California passthrough entity elective tax (PTET) is intended to give relief to taxpayers affected by the limitation on deductibility of state and local taxes (SALT) introduced a few years ago. The idea is that your S corporation, partnership or LLC (but not a single member LLC) can elect to pay a 9.3% tax on …
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