You worked hard for that income. Then you see the self-employment tax line on your return and wonder if you read it wrong. You didn’t. Self-employment tax takes
Sole Proprietor Tax Rates 2026: Complete Guide to Federal Brackets and Self-Employment Tax
“What’s my tax rate?” seems like a simple question. For sole proprietors, the answer is never simple. You don’t have one tax rate. You have at least two:
How to File Schedule C: Step-by-Step Instructions for 2026
Your first Schedule C can feel like a test you didn’t study for. The form has 48 lines, multiple parts, and asks questions about methods and elections you’ve
After-Tax 401(k) Contributions: The Key to Mega Backdoor Roth
Most people know about pre-tax and Roth 401(k) contributions. But there’s a third type that can add $20,000 to $47,500+ to your Roth savings each year. After-tax 401(k)
Roth IRA Contribution Limits & Income Limits 2026
The IRS adjusts Roth IRA contribution limits and income phase-out thresholds annually for inflation. For 2026, both limits increased, giving savers more room to build tax-free retirement wealth.
Roth IRA vs 401(k): Complete Comparison for Business Owners
Choosing between a Roth IRA and 401(k) isn’t an either/or decision. For most business owners, the right answer is both. But understanding when each account shines helps you
Solo 401(k) Roth Contributions: Complete Guide for Self-Employed
The solo 401(k) is the most powerful retirement vehicle available to self-employed individuals. It combines the high contribution limits of employer-sponsored plans with the flexibility to include Roth
Roth 401(k) vs Traditional 401(k): Which Is Better for Business Owners?
The Roth vs. traditional 401(k) decision is fundamental to retirement planning. For W-2 employees, the choice is usually straightforward: higher bracket now means traditional, lower bracket means Roth.
The Pro-Rata Rule Explained: How It Affects Your Backdoor Roth
The pro-rata rule is the #1 reason backdoor Roth strategies go wrong. It turns what you thought was a “tax-free” conversion into a surprise tax bill at filing
Roth Conversion Strategies: 2026 Guide for High-Income Business Owners
Roth conversions let you pay tax now at known rates in exchange for tax-free growth and withdrawals forever. For business owners, that’s not just a retirement planning tool—it’s