Planning Briefs
20-Second Year-End Tax Planning Quiz For Pre-Retirees
Published Wednesday, November 20, 2019 at: 7:00 AM EST
If you're in your 50s or 60s and own an interest in a business or professional corporation, knowing the answers to these four questions can lower your 2019 federal tax bill sharply, while jumpstarting a tax-advantaged retirement income plan.
1. True/False. S Corps, LLCs, and partnerships are not entitled to the deduction on pass-through income.
2. True/False. Defined benefit plans are ill-advised for income individuals.
© 2024 Advisor Products Inc. All Rights Reserved.
More articles
- Last Chance In 2019 For Pre-Retired Professionals & Biz Owners
- The Fed Just Cut Rates Again; What's It Mean To You?
- Fed Actions Are Driving Markets
- Navigating Required Minimum Distributions
- Four Retirement Income Withdrawal Methods
- Education Tax Credits Primer
- Two Overlooked Surprises Of 2019 To Track In 2020
- How Negative Yields In Europe Could Drive Stocks Higher
- Will Negative Rates Abroad Boost U.S. Stocks?
- Tax Law Changes Delayed But Not Dead
- About The Weakness In Manufacturing
- Is The Inverted Yield Curve The Financial Fakeout Of 2019?
- Retirement Income Alert: Do You Own A $1 Million Plus IRA In A High Income-Tax State?
- How Can We Help You Die In Peace?
- A Primer On Setting Up A Trust Fund