September 5, 2022 May Jiang Post in Uncategorized Is Cash Balance Plan Right for Your Business? Providing a retirement plan for employees is becoming a mandatory requirement for businesses in some states including Maryland. There are several common retirement plans for small to mid-sized businesses, such as 401k and Simple IRA. To employers, the contributions to… Continue Reading
June 1, 2022 May Jiang Post in Uncategorized 5 Key Factors about I Bond What is Series I Bond? It’s a low-risk, inflation-indexed, savings vehicle. How do you purchase it? You can purchase it electronically, directly from the Treasury website, in any denomination from $25 up to $10,000 in a single calendar year. Here’s… Continue Reading
June 1, 2022 May Jiang Post in Uncategorized 5 Steps to Make Yourself a Smart Investor Every now and then, you read a piece of news reporting about someone making a fortune overnight by investing in something most people don’t quite know or understand. The truth is: that’s good news for sensation. There hasn’t been anyone,… Continue Reading
May 4, 2022 May Jiang Post in Uncategorized Don’t Let Your Financial Net Worth Dictate Your Self-worth Your financial net worth isn’t your self-worth. But oftentimes, we let the money matter impact how we view ourselves. Many of us have complicated feelings when it comes to money, from fear and scarcity mindset to abundance or reckless mindset,… Continue Reading
May 4, 2022 May Jiang Post in Uncategorized How To Improve Your Business Value Business profit isn’t the same thing as business value. You can have a profitable business but the business might not have value to an outside evaluator if it has issues like owner dependency or customer concentration. Today, we will be… Continue Reading
January 9, 2022 May Jiang Post in Uncategorized 1 Comment on You can still save taxes for 2021 and build a foundation for peace of mind in 2022 You can still save taxes for 2021 and build a foundation for peace of mind in 2022 It’s not too late to still save some taxes for 2021. The following plans can still be established for the tax year 2021 for some small business owners and other individuals and help reduce taxes: SEP IRA Traditional IRA To… Continue Reading