Читать книгу Small Business Taxes For Dummies - Eric Tyson - Страница 64

Retirement plans are a terrific way for business owners and their employees to tax shelter (defer) a healthy portion of their earnings. Of all the benefits that a small business can offer, a retirement savings plan can be the most valuable in saving employees taxes and helping them accumulate significant savings for their own retirement.

If you don’t have employees, regularly contributing to one of these plans is generally a no-brainer. That’s because you can set up high-quality retirement plans for little or no cost.

When you have employees, the decision is a bit more complicated but is often a great idea. Self-employed people may contribute to simplified employee pension individual retirement accounts (SEP-IRAs), or SIMPLE plans. Small businesses with a number of employees can also consider 401(k) plans, and those with no employees can consider a solo 401(k) plan.

I discuss all these plans and the impact of the tax rules in detail in Chapter 3.