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Month: April 2019

Roth Solo 401(k)s for Small Businesses

Posted on April 1, 2019 by relanetAdmin

The Tax Cuts and Jobs Act (TCJA) of 2017 was not officially focused on retirement planning, but it’s had a major impact on the choice of retirement plans. After-tax plans, known as Roth accounts, may be more practical now. That can be especially true regarding solo 401(k)s, which are 401(k) plans that cover business owners Read more about Roth Solo 401(k)s for Small Businesses[…]

The Standard Deduction’s Double Standard

Posted on April 1, 2019 by relanetAdmin

The 2019 tax season, during which most 2018 tax returns are prepared, will soon peak at the April 15 deadline. One key trend is that more people are taking the standard deduction, which has increased significantly, and fewer people are claiming itemized deductions, which have been restricted. These changes result from passage of the Tax Read more about The Standard Deduction’s Double Standard[…]

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