SelfInformed

October 2017

  • Choosing the Right Retirement Plan for Small Business Owners

    Oct 18, 2017

    Planning for retirement can be a complicated and overwhelming process. To better maximize the potential for success in retirement, it is essential for small business owners to understand the basics regarding the retirement options available. With this knowledge, small business owners can achieve maximum results and choose the right plan for their future. Many choices are available to include a SIMPLE or Savings Incentive Match Plan for Employees IRA, a SEP IRA or Simplified Employee Pension IRA, a Solo (Individual) 401k and a Defined Benefit Plan. The most popular plans are the SIMPLE IRA and Solo (Individual) 401k. The pros and cons of each plan are discussed below.

  • Deductible Expenses

    Oct 18, 2017

    Question: I am attempting to complete my first Schedule C for my new business and I am not sure what is deductible. Do you have a list of deductible expenses that I can use? Answer: There are certainly expenses that are common to all small businesses and those that are common to specific industries.

  • Let’s Connect!

    Oct 18, 2017

    As an NASE member, you are the driving force for what we do. Promoting self-employment and providing as many self-employed people as possible with our wide variety of benefits is something we do every day. But is it something you do? A great way for you to show your support for the NASE is to Like, Join and Follow us on our social media channels to help spread awareness.

  • House Small Business Committee Introduces Tax Legislation

    Oct 18, 2017

    The NASE enthusiastically supports new legislation proposed by the leaders of the House Small Business Committee leadership earlier in September. H.R. 3717, Small Business Owners’ Tax Simplification Act of 2017, legislation was drafted in close consultation with the NASE, and we are incredibly appreciative of the inclusion of many key priorities we advocated for being included in the final legislation.

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