Finance

Have finance questions? Ask a financial expert online.

Connect one-on-one with {0} who will answer your question

Related Finance Questions
My work makes me contribute to KPERS which is a 401 (a)
Hi, my work makes me contribute to KPERS which is a 401 (a) plan, I think I have to contribute 6% or roughly $10,000/year. I have my own direct sales business/franchise as well. It is through this com… read more
Lane
Lane
JD, CFP, MBA, CRPS
Doctoral Degree
23,914 satisfied customers
What is a better retirement plan for self employed people
What is a better retirement plan for self employed people between 401K and SEP ? What are key differences?… read more
Tax.appeal.168
Tax.appeal.168
Principal
7,930 satisfied customers
How can I maximize 401 contributions as a small business?
How can I maximize 401 contributions as a small business? I've read you can claim up to $20,000 as a DBA, but is there a way as an LLC you can provide 401k matching? Which way helps you maximize your … read more
Lane
Lane
JD, CFP, MBA, CRPS
Doctoral Degree
23,914 satisfied customers
I have a S-corp and just started a solo 401k plan. According
I have a S-corp and just started a solo 401k plan. According to the solo 401k plan, i can defer $18k from employee salary to the plan and the S corp can contribute 25% of my total compensation. I'd li… read more
Lane
Lane
JD, CFP, MBA, CRPS
Doctoral Degree
23,914 satisfied customers
I am looking to start my retirement fund but I'm not sure
Hi, I am looking to start my retirement fund but I'm not sure which one to choose. I am self employed, I have an LLC and work from home as a writer. My income can vary anywhere from around $100,000 to… read more
Lane
Lane
JD, CFP, MBA, CRPS
Doctoral Degree
23,914 satisfied customers
Dear Lev, for 2017 I am expecting to make a profit of
Dear Lev,for 2017 I am expecting to make a profit of $100,000 or more in my schedule C business. In addition my wife will report W2 income, and we will have a small amount of interest, dividend, capit… read more
Barbara
Barbara
Enrolled Agent, Paralegal
16,971 satisfied customers
There - I'm 45 and I earn $65,000/year at a full time job,
Hi there - I'm 45 and I earn $65,000/year at a full time job, but also make about $20,000 as an independent contractor. Can I defer $18,000 of the independent income into a solo 401K? If so, do I only… read more
PDtax
PDtax
Owner
Master's Degree
5,964 satisfied customers
Lane and I hope all is well. I converted a number of 100%
Hi Lane and I hope all is well. I converted a number of 100% owned LLC's to S Corp's in 2014. My question is what to do with their SEP's they have in place. This is not my arena so I wanted to ask you… read more
Lane
Lane
JD, CFP, MBA, CRPS
Doctoral Degree
23,914 satisfied customers
Hi, Im employed as a physician and make about $250,000 a year.
Hi, I'm employed as a physician and make about $250,000 a year. I also work as an independent contractor several days a month. I earned about $15,000 as an IC last year, but this year, I anticipate my… read more
Lane
Lane
JD, CFP, MBA, CRPS
Doctoral Degree
23,914 satisfied customers
I have an S corp and self employed with only my self as employer/employee.
I have an S corp and self employed with only my self as employer/employee. I set up a solo 401 k and I also have ADP as payroll. I intend to have my Employee (me) 401 salary deferral (17500 ) taken ou… read more
Lane
Lane
JD, CFP, MBA, CRPS
Doctoral Degree
23,914 satisfied customers
I have an LLC and I wish calculate the distribution of profit.
I have an LLC and I wish calculate the distribution of profit. (I will file 1065 and K1 and Schedule E). Can you give me information on the rule and process for the calculation… read more
Lane
Lane
JD, CFP, MBA, CRPS
Doctoral Degree
23,914 satisfied customers
I want to set up SOLO 401k. Im self employed LLC without employees.
I want to set up SOLO 401k. I'm self employed LLC without employees. Can you offer a guidance with steps necessary to accomplish this.… read more
Lane
Lane
JD, CFP, MBA, CRPS
Doctoral Degree
23,914 satisfied customers
MyVirtualCPA please answer my question, My ultimate goal
MyVirtualCPA please answer my question, My ultimate goal is to save more than regular 401K plan, reduce business tax liability and save more for retirement as a business owner. I work as in independen… read more
Megan C
Megan C
Certified Public Accountant (CPA)
Master's Degree
2,225 satisfied customers
im self employed orthopedic surgeon, a 1099 type, iwant to
im self employed orthopedic surgeon, a 1099 type, iwant to get a pension plan started asap whats the plan that will let me contribute the most? and its not too late to help for my taxs for next year?I… read more
MarjorieCPA
MarjorieCPA
Certified Public Accountant
Bachelor's Degree
35 satisfied customers
Bill, I dont know if you have a record of our last exchange,
Bill, I don't know if you have a record of our last exchange, but I'd like you to help me fill out a hypothetical end-of-the-year W-2 to see how that would look. I've set up a 401(k) account at Vangua… read more
Bill
Bill
Master's Degree
3,249 satisfied customers
I am a small business owner, with no employees. I am ...
I am a small business owner, with no employees. I am partner in a larger company that carries my 401k plan. How do I handle what would ordinarilly be considered the "employee paid" portion of my 401k … read more
Ed Johnson
Ed Johnson
Senior HR Consultant and Business Devlpm
Bachelor's Degree
6,994 satisfied customers
I am self employed with a single-member LLC - I want to set ...
I am self employed with a single-member LLC - I want to set up a self employed 401K plan with a 1 for 1 matching component. Is the matching rules the same as the profit sharing rules where the maximum… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
36,811 satisfied customers
can a self-employed owner have a solo 401k and participate ...
can a self-employed owner have a solo 401k and participate in another company's 401K also.… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
36,811 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Rakhi Vasavada

Rakhi Vasavada

Financial and Legal Consultant

2,614 satisfied customers

Graduated in law with Emphasis on Finance and have have been working in financial sector for over 12 Years

Megan C

Megan C

Certified Public Accountant (CPA)

2,225 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

Manal Elkhoshkhany

Manal Elkhoshkhany

Tutor

2,162 satisfied customers

More than 5000 online tutoring sessions.

JKCPA

JKCPA

CPA

844 satisfied customers

Bachelors degree and CPA with Accounting experience.

Dave CPA

Dave CPA

Accountant

231 satisfied customers

I'm a CPA with over 10 years of experience

ConceptsCoach

ConceptsCoach

Certified Public Accountant (CPA)

171 satisfied customers

Chartered Accountant and MBA

sgriffin26

sgriffin26

Loan Officer

93 satisfied customers

Licensed RE Agent, Loan Officer, and NMLO. I have been in residential lending for over 10 years.

< Previous | Next >

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x