Tax Season is Over! Could Your Business Use a Deduction?

Now that the extended tax season is over, it’s a great time to consider if a qualified retirement plan is right for your business. Since contributions to these plans are deductible, setting up a qualified retirement plan is an effective strategy to lower your tax bill for 2019. At IAI, we excel at designing plans to match your personal and business objectives, and it’s not too late to start the conversation for the 2019 tax year. In order to make a tax-deductible contribution for 2019, a plan document must be in place by December 31st. If you are interested in exploring a qualified retirement plan with a free plan design study, contact an IAI Consultant, or call us at 503-520-0848.