Time is moving to the last day your small business can take full advantage of a Safe Harbor 401kPlan. This allows you to choose an amount of income to defer for retirement, deduct it from taxes, and add a matching contribution amount. This is for you and your employees. Your best paid employees can defer higher dollar amounts even with lower participation.
The most important action you can take is to establish a plan with PCM Associates. There is no cost or obligation to do this. Then consult your tax advisor next year to learn what tax savings you could realize.
Call PCM Associates at 271-8540 for this important action to benefit your business strategy.