Things You Can Do As A Small Business Owner To Limit Your Tax Liability

Eco-Office Gals

Have A Retirement Plan. As an entrepreneur whose aim is to limit tax deductions contributing to a retirement plan is a good idea. A retirement plan will help you save some money because the plan will provide you with a tax deduction for the contributions.

2019 130

How To Make The Gig Economy Work For You

Dumb Little Man

Fifty years ago, the expectation was that you would be in the same job until you retire. That’s much less people getting their retirement money and financial security from private US firms. This means less buying power despite increased cost of living.

2017 212

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Should City Governments and other Businesses look to Virtual Services to Save Money?

Tips From T. Marie

The article discussed how the City of Hickory, NC proposed offering early retirement to 84 of their employees. Reading the details of what would be offered in exchange for taking the early retirement deal didn’t really strike me as a wonderful option for those 84 people., But, he said, the city could use the payroll savings. Converting an in-office worker to a telecommuting employee saves money by reducing overhead costs.

2012 122

Do You Know Your Lifestyle Ratios?

Productive & Organized

  Revenue, net income, total expenses, and payroll costs are just a few of the items that you may be monitoring on your profit and loss statement.  In the example below, this person is well on their way to retiring.

How I Went to Part-Time Work

Simple Productivity Blog

” It was cost effective for him. This could include health insurance, paid time off, retirement plans or other perks. You will become very good friends with the payroll person. This has taken many, many phone calls to payroll people. They don’t hesitate with salaried staff, but when it comes to me, they are very aware of my time limits and how much extra it will cost them for me to work more hours.

2013 152