The rules for successfully navigating qualified retirement plans require the advice of an experienced actuarial and benefits consulting group. We discuss the issues involved in simple IRA’s, 401(k) Profit Sharing Plans and Defined Benefit Plans in terms that are easy to understand and comprehend. We discover that the contribution limits, age discrimination rules and rules for setting up qualified plans that evenly weigh the benefits for employers and employees takes careful planning and implementation.

Podcast: Play in new window | Download

Most business owners have some key employees that require some sophisticated incentive plans to keep them happy. Since congress issues Section 409A in October 2004 the implementation of these plans has gotten more difficult in order to stop perceived abuses. We go over the types of plans that are subject to these new rules and the requirements in order to pass muster with the IRS. There are some serious consequences to not meeting these requirements that we go over as well. The recommendations referred to in this podcast will give you the information necessary to have a good discussion with your accountant to ensure that you are doing this properly.

Podcast: Play in new window | Download

This podcast is a discussion of recent tax changes as of April 2009. It includes changes to the net operating loss rule, bonus depreciation, code section 179, rules for re-acquired debt, debt forgiveness, changes to the “built in gain” rules and some new work opportunity credits such as for hiring eligible veterans. Easy listening for heavy tax changes that you will want to discuss with your accountant.

Podcast: Play in new window | Download

This podcast explains why using a personal assessment tool as sophisticated and easy to use and the Predictive Index can be helpful to business owners in hiring employees and understanding their talents and abilities helps you to put them in a position to be successful within your business. It also is valuable in understanding who they are and how to manage them so that both the employer and the employee are happy, productive and successful in their relationship.

Podcast: Play in new window | Download

Podcast: Play in new window | Download