Retirement Partners of Hawai'i

Oct 16, 20231 min

Tax Strategies for Business Owners: Video

Every business is unique, and it's important to implement the right tax strategies for you. By using tax-friendly strategies, you can potentially reduce your tax liability, boost your profits, and save for retirement. Now is the time to create a powerful retirement savings plan tailored to your business. Discover 5 ideas to optimize your tax strategy for a prosperous future.

  1. Max Out 401(k) Contributions

  2. Profit Sharing Contributions

  3. Cash Balance Plan

  4. Health Savings Account (HSA)

  5. Hiring Family Members

Retirement Partners of Hawai`i
 
1003 Bishop Street
 
Pauahi Tower, Suite 880
 
Honolulu, Hawai`i 96813
 
Phone: (808) 681-7799
 
info@retirementpartnersofhawaii.com
 
www.RetirementPartnersofHawaii.com

Securities and advisory services offered through LPL Financial, a registered investment advisor, member FINRA/SIPC.

This information was developed as a general guide to educate plan sponsors and is not intended as authoritative guidance or tax/legal advice. Each plan has unique requirements, and you should consult your attorney or tax advisor for guidance on your specific situation.

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