Retirement Fund Way to Cut Taxes


If you are a small business owner who wants a way to reduce the amount of taxes you pay, here’s a surefire way to do it – start a retirement fund for your workers. A retirement fund would benefit even new workers as the job market is showing signs of recovery. This means more people are looking for jobs and offering them an individual retirement plan or 401(k) is just the right incentive to employ the best workers.

For your benefit, the contributions you make to the retirement plan on behalf of your employees are tax deductible. You can go to and refer to IRS Publication 560 Retirement Plans for Small Business to get further details. If you require professional advice on how to start a retirement plan and get the most tax benefits from it, call us at (813) 229 7100 or toll free (888) 438 6474. We will tell you which retirement plan will benefit you the most based upon your business.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Darrin Mish, Tampa Tax Attorney, The Law Offices of Darrin Mish, P.A. | Attorney Advertising

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