Small Business - Nerdwallet

Small Business

According to the U.S. Census Bureau, more than 99% of businesses in the U.S. have fewer than 500 employees and are considered small businesses.

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Tom Martin
Tom Martin
Wallingford, CT
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John C Brandy
John C Brandy
CFEd, AAMS
Redmond, WA
3 recent answers
Travis Sickle
Travis Sickle
CFP®, AAMS, CRPC, RICP, AIF®
Tampa, FL
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Marc Smith
Marc Smith
Dillsburg, PA
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Michael Cash
Michael Cash
EA
Modesto, CA
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All Questions: Small Business
NewPosted August 28, 2016

Unpaid profit sharing money is generally covered under wage and hour laws, which means that there are a number of resources available to you if the mo...

NewPosted August 26, 2016

I would seek legal consult. It doesn't matter how a financial advisor/planner translates it, as with estate planning.

Best of luck! Get my best mone...

NewPosted August 26, 2016 · Austin, TX

There's nothing prohibiting a third party against making such a payment. However, you are responsible for ensuring timely COBRA premium payments. If y...

NewPosted August 26, 2016

Yes, you can. However, you should check with your state laws if you must offer it to your employees.

There are also a variety of ways to procure a g...

NewPosted August 19, 2016
John C Brandy

John C Brandy

CFEd, AAMS

You've actually got two different questions there. The not having income part should not be an issue for you - you own the business and the busines...

NewPosted August 19, 2016
Travis Sickle

Travis Sickle

CFP®, AAMS, CRPC, RICP, AIF®

You can contribute an additional $6,000 to reach the $18,000 maximum plus a $6,000 catch-up contribution since you are 50 or older. In addition, you ...

Posted August 15, 2016

Dumb idea. Your LLC would be a disregarded entity that was treated the same as a sole proprietorship. Besides that you would seem to be trying to de...

Posted August 14, 2016
John C Brandy

John C Brandy

CFEd, AAMS

Taxation is not a problem. You'll have income tax withheld by the company (or have to save it to pay it yourself), but that's before the LLC.

Once y...

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