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12 December 2016 | 8 replies
If you don't want to add her as an owner or employee with her own 401(k) subaccount, you can probably just set her up with a self-directed IRA that allows her to make loans.
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6 December 2016 | 10 replies
Management has systems and reports in place to monitor progress, and employees can't just hide in the mess and chaos like they did shortly after the crash.Tell the seller you are still interested.
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7 December 2016 | 21 replies
Kristen Daniel you and everyone else on this post should reconsider Dave Foster 's post...that information is Gold and is excellent for asset protection/ tax benefits.
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12 December 2016 | 19 replies
50 employees?
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31 December 2016 | 6 replies
Ask the code employees for references.
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8 March 2021 | 21 replies
., a company setup for day trading stocks).Only rollover funds from non-Roth fund sources qualify for funding the C-corporation.Only a C-corporation may be used in the ROBS transaction; therefore, other entity types such as an S-corporation, LLC, partnership and sole proprietorship may not be used in the ROBS arrangement.The purchase of employer stock must be for adequate consideration (i.e, the 401k profit sharing plan must purchase the employer stock at fair market value).No commission may be charged for the 401k profit sharing plan’s purchase of the stock.An annual valuation must be performed of the assets of the plan including the employer stock.If the business has existing employees, it is likely that those employees will need to be provided the option to rollover their retirement funds and invest in the business if they wish to do so.
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5 December 2016 | 0 replies
We want to keep the business vibrant and employees motivated until it changes hands.
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7 December 2016 | 4 replies
We have an awesome thing started and I am excited to foster and grow the community we have.
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6 December 2016 | 3 replies
I was volunteering at his prison while he was in, but never personally met him in that context.He got out.Started 'faking it until he made it' by putting ads on craigslist to unclog sinks and the like.By the time he met me, ran his own plumbing business with a fleet of vehicles, a half mil in capital equipment, dozens of employees.
6 December 2016 | 8 replies
Their reasoning behind that is other employees would feel entitled to that privilege if the need arises and could throw off the balance of the workplace.