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Episode 7 – The Insider’s Guide to Big Retirement Tax Deductions for Business Owners

Would you like to be able to make a hefty tax deductible contribution to your retirement plan this year? 

Today, Barry Watts and Eric Burlison discuss tax deductions, introducing many ideas and processes when it comes to putting money into your own plan as a business owner. 

In this episode you will learn:

  • What a tax credit is and how it differs from a tax deduction
  • The different types of retirement planning
  • What a cash balance pension plan is and how it works
  • The difference between a defined benefit plan and a defined contribution plan
  • And more!

Tune in to discover how you can receive big deductions when putting money into your own retirement plan as a business owner! 

Resources: SavingYouTaxes.com | J. Barry Watts