A Fruitful Retirement: Social Security Benefit
Taking your Social Security benefits at the right time may help maximize your benefit.
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Congratulations — your business is profitable! Have you considered how much of those profits to reinvest in your business?
Without even realizing it, most people are familiar with protection-first thinking. If you remember travelling on an airplane in a not too distant past, you would recall this important point in the safety demonstrations “In the event of sudden decompression, secure your own oxygen mask before helping others.”
If you want to avoid potential surprises at tax time, it may make sense to know where you stand when it comes to the AMT.