Blackhawk Financial Advisors

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Tax Reduction Strategies for a Business Owner

Which dollar invested reduces the taxes of a business owner the most?..................

 Money invested in a profit-sharing plan!  Why?  No federal income taxes, no state income taxes, AND no self-employment taxes (Social Security and Medicare).

 The savings could be as high as:

37% (federal tax savings) + 12.3% (California tax savings) +2.9% (Medicare tax savings) +.9% (Medicare tax savings for those making over $200,000) = Total tax savings 53.1%.

 If you are a business owner that is paying to much in taxes, reach out to us today!