AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
SEPs Make Investing For Retirement Easy You can still get a 2000 write-off with a simplified employee pension.(B)(Making Money In Mutuals)
Byline: Donald Jay Korn
Investor's Business Daily
Although 2001 is well under way, it's not too late for 2000 tax planning. You can contribute to a simplified employee pension, or SEP, plan and take a deduction for last year if your income qualifies.
Business owners can create a SEP. So can self-employed people. A SEP can shelter income you earned outside of your regular job, like from consulting.
You can contribute to an existing SEP or create a new one. Either way,
you can put in money until the due date of your tax return, including extensions, and take a 2000 deduction.
As their name suggests, SEPs are simple. To set one up, you merely fill out a brief form. Unlike Keogh plans, for example, with a SEP you don't have to file a separate form each year with the IRS.
- The earned income tax credit and reported self-employment income.
- Magazine article from: National Tax Journal LaLumia, Sara June 1, 2009 700+ words
...of the EITC on the reporting of self-employment income to the IRS. The reporting of self-employment income may be particularly responsive...is substantial misreporting of self-employment income. In this paper I document the...
- Passive losses can offset self-employment income.
- Newspaper article from: The Kiplinger Tax Letter December 23, 1997 700+ words
Passive losses can offset self-employment income...sometimes. A farmer...s loss offsets income from self-employment, but not here...can be used to reduce other self-employment income, the IRS says.
- The Right Way to Report Self-Employment Income.
- Magazine article from: Kiplinger's Ask Kim Web Column February 25, 2004 700+ words
...Schedule SE to pay the 15.3% self-employment tax on your net earnings...and mailings -- and half of the self-employment tax you pay is also...can contribute up to 20% of your self-employment income to a small-business retirement...
- The impact of caring on informal carers' employment, income and earnings: a...
- Magazine article from: Australian Journal of Social Issues Bittman, Michael Hill, Trish Thomson, Cathy December 22, 2007 700+ words
...of people aged under 65 years who needed ongoing assistance with those activities fundamental to independent functioning--self care, mobility or communication--received help from family or friends, whereas only 26 per cent received some assistance...
- Structural adjustment, employment, income distribution and poverty.(INEQUALITY...
- Magazine article from: Pakistan Development Review Kemal, A.R. December 22, 1994 700+ words
...The present paper examines the adequacy of these programmes in realising the intended objectives and their impact on employment, income distribution and poverty in Pakistan. The plan of the paper is as follows. Section I traces out changes in the structure...
- Increase productivity, employment, income of poor farmers.
- News wire article from: PTI - The Press Trust of India Ltd. June 28, 2006 700+ words
Increase productivity, employment, income of poor farmers Coimbatore, Jun 28 (PTI) Increasing productivity, more employment opportunities for poor segments are the keys...
- Census Bureau to Update Employment, Income, Poverty and Health Insurance...
- Press release article from: M2 Presswire February 20, 2008 700+ words
M2 PRESSWIRE-20 February 2008-US Census Bureau: Census Bureau to Update Employment, Income, Poverty and Health Insurance Numbers(C)1994-2008 M2 COMMUNICATIONS LTD RDATE:19022008 ATLANTA -- Beginning Feb. 17...
- Appintell Simplifying 4506 Form.(Employment/Income Form)
- Magazine article from: Origination News August 2, 2004 700+ words
The cumbersome and time-intensive process required to verify the 4506 employment/income form can be simplified and made more cost effective at the same time, according to Appintell here. "We've just announced a...
