Nov 292011
 
End Of The Year Tax Planning - Set Up A Small Business Retirement Plan

Many small-business owners believe that their company will provide all that is necessary for a comfortable retirement.  As their golden years approach, they eagerly anticipate selling their creation and living off the proceeds.  Unfortunately, business owners who rely on the sale of their businesses for retirement income may ultimately be disappointed.  This is because, as the current recession has highlighted, not all businesses will stand the test of time and those that do may not be sold at a profit.  Small business owners who have no backup plan may find themselves at retirement age with nothing to live on. This More…