The Window for Your Clients to Establish a Qualified Plans Is Still Open, but Not for Long!
Why business owners must be proactive if they wish to take advantage of this opportunity.
With the passage of the SECURE Act in December 2019, businesses now have until their tax filing deadline, plus extensions to implement certain types of qualified plans. This means that if a business owner has properly filed an extension for the 2023 tax year, they still have time to take advantage of all the benefits that a qualified plan has to offer their business.