TooKand LLC

Retirement planning made simple! The Simplified Employee Pension (SEP) is a top choice for small business owners and self-employed individuals. With high contribution limits, tax benefits, and minimal administration, SEPs are a smart way to secure your financial future. Discover how to make SEPs work for your business. #RetirementSolutions #SmallBusinessTips https://lnkd.in/g3za7M8M

📊 Secure Your Financial Future 📊 As a small business owner, you work hard every day. Don’t forget to plan for tomorrow! Learn about the top retirement plans like SEP, IRA, and 401(k) that offer tax advantages and flexibility tailored for entrepreneurs. 💡 Start now and thank yourself later. 📞 Contact us at (657) 413 0211 for personalized guidance or read our full guide for more insights. #SmallBusinessFinance #RetirementPlanning #TaxSavings https://lnkd.in/geZQJpqv

Here are some year-end tax strategies for families and small Businesses #taxstrategies #SmallBusinessTips #YearEndPlanning

🚨 Year-End Tax Strategies for Families and Small Businesses 🚨 Are you ready to maximize your tax savings before December 31? These actionable tips are perfect for small business owners and families: 1️⃣ Hire your kids for your business—no payroll taxes for wages under $14,600! 2️⃣ Time your marriage or divorce strategically for tax advantages. 3️⃣ Optimize mortgage interest deductions as a single homeowner. 4️⃣ Give appreciated stock to loved ones for tax-free gains. Start planning today and keep more money in your pocket! 🧮💼 #TaxStrategies #SmallBusinessTips #YearEndPlanning https://lnkd.in/g3cYNwM4

🚨 Maximize Credit Card Rewards While Staying Tax-Compliant! Credit card cashback, frequent flyer miles, and hotel points are great perks—but what are the tax rules? ✅ Most rewards are treated as rebates, not taxable income. ✅ Business owners: Adjust deductions if rewards are earned on company expenses. ✅ Donating cashback to charity? It’s tax-deductible with proper documentation! Keep track of your rewards and stay ahead of IRS rules in 2024. 💼 #TaxTips #CreditCardRewards #BusinessFinances #FrequentFlyerMiles https://lnkd.in/gjSEntfG

Blog | Secure Act 2.0: Big Changes Coming in 2025 for 401(k) Plans! The Secure Act 2.0 is bringing exciting updates to retirement planning. Here's what you need to know:  ✅ Super Catch-Ups: If you're 60-63, you can save even more in your 401(k).  ✅ Roth Matching Options: Employers can now match directly into Roth 401(k)s.  ✅ Auto-Enrollment: New plans will automatically enroll employees at a 3% savings rate.  ✅ 529 Rollovers: Leftover college savings can move to a Roth IRA. These changes are here to help you save smarter and retire stronger. Learn how to make the most of them! #SecureAct2025 #RetirementPlanning #401k #FinancialPlanning https://lnkd.in/g5ikJnwY

Blog | Use these year-end strategies to save more on your portfolio taxes. Key Points: ✅ Offset gains with losses to lower taxes. ✅ Max out your $3,000 capital loss deduction. ✅ Avoid the wash-sale rule for full loss benefits. ✅ Use loss carryovers to save on taxes. ✅ Gift appreciated stock to family in lower tax brackets. ✅ Donate appreciated stock to charity for bigger deductions. ✅ Sell loss stocks before donating to maximize deductions. #TaxTips #Investment #TaxStrategies #CapitalGainsTax https://lnkd.in/giYwSx5q

Blog | S-Corp Owners: Learn How to Earn Tax-Free Income with the Augusta Rule Key points: ✅ Rent home to business up to 14 days yearly ✅ Must charge documented fair market rates ✅ Written lease agreement required ✅ Keep detailed business use records ✅ Document legitimate business purpose #TaxPlanning #SmallBusiness #SCorp #AugustaRule #taxsavings #taxfreeincome https://lnkd.in/gE89FdR4

Blog | The Complete Guide to Personal Property Rental Tax Rules

🔍 Quick Guide: How the IRS Views Your Personal Property Rentals 3 key classifications that determine your tax treatment: 1. Business Rentals = Schedule C + Self-employment tax 2. For-Profit Activities = Schedule 1, no SE tax 3. Not-for-Profit = Schedule 1, limited deductions 💡Pro tip: Renting to your own business? Structure matters! Let's connect to discuss smart tax strategies. #BusinessTips #TaxAdvice #TaxRules