Today’s impulsive moves could breed tomorrow’s regrets.

They are low, unless you show the I.R.S. some conspicuous “red flags” on your return.

Do you really want to risk facing these potential outcomes?

It’s surprising how little Solo 401(k)s are utilized considering the impressive benefits they can offer, particularly to high-income business owners. Instead, they continue using SEPs, SIMPLEs, and traditional IRAs when strategic use of Solo 401(k) could save them thousands (and help them save thousands more).

Most accountants recognize this opportunity, of course, and we often work in tandem with them to help them better serve their clients. Consider this example…