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SECURE Act 2.0 Provisions Coming in 2024 and Beyond – What Plan Sponsors Can Do Now

Anders CPA

Emergency Savings Accounts   Plan sponsors have been granted permission to add an emergency savings account to their retirement plan, which must be designated as an after-tax account. Roth accounts are exempt from the required minimum distribution requirement. Key Takeaways: Many changes enacted by SECURE Act 2.0

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Business Tax Rates: How Much Do Small Businesses Pay in Taxes?

xendoo

Understanding your entity type and requirements is the first step toward filing your taxes accurately and efficiently. Tax laws are constantly changing, and it can be challenging to keep up with the latest revisions. A professional tax advisor or CPA can accurately file your business taxes on time.