How New Tax Laws Affect Small Businesses A recap of the major changes impacting corporations and closely held firms. Provided by Scott Showers The Tax Cuts & Jobs Act changed the tax picture for business owners. Whether your company is incorporated or held closely, you must recognize how the recent adjustments to the Internal Revenue Code can potentially affect you and your workers. How have things changed for C corps? The top corporate tax rate has fallen. C corps now pay a flat 21% tax. For most [...]

Deciding What to Do with Your 401(k) Plan When You Change Jobs Or Retire When you change jobs or retire, you need to decide what to do with the money in your 401(k) plan. Should you leave it where it is, or take it with you? Should you roll the money over into an IRA or into your new employer's retirement plan? As you consider your options, keep in mind that one of the greatest advantages of a 401(k) plan is that it allows you [...]