The Balanced Pages/For Small Businesses/Are You Offering Your Employees A 401K Plan?

Are You Offering Your Employees A 401K Plan?

Monday, July 17, 2023

Did you know eligible employers may be able to claim a tax credit of up to $5,000 for three years for the costs of starting a SEP, SIMPLE IRA or qualified plan (like a 401(k) plan.) A tax credit reduces the amount of taxes you may owe on a dollar-for-dollar basis. To learn more about SECURE 2.0 Act, check out this article link below and let us connect you with our trusted partners who specialize in retirement plans options that will help your business save money and retain employees.

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About J&S Accounting

At J&S Accounting, we provide expert bookkeeping services tailored to the unique needs of small businesses and nonprofits. We recognize the challenges that come with maintaining accurate financial records and how vital this is for the smooth operation and growth of your business. As a woman and minority-owned firm, we’re proud to offer our expertise to businesses in Savannah, GA, and across the nation, helping them navigate financial complexities and achieve better financial management.

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What others are saying about us

" I could not recommend this company enough!"

The team at J&S Accounting are like working with trusted friends that you have had for a long time. Janel has personally walked me through my first year with QuickBooks as a small business owner, and has made it so easy and enjoyable. She is very professional, knowledgeable, and is always so affirming of how well I am doing. She really takes her time and you can tell that she cares about her customers and wanting them to feel confident about their business finances. I could not recommend this company enough!

- Kelsey H.

"The level of professionalism and commitment to supporting small businesses like mine is unmatched."

If I could give J&S 6 stars I would because they go the extra mile every time! I am so glad I found J&S Accounting. The level of professionalism and commitment to supporting small businesses like mine is unmatched. I am so grateful for J&S. I highly recommend!

"Their customer service and individualized care have remained top tier and we gladly recommend their services."

J & S Accounting has made such a huge impact in our day to day operations at Kicklighter Resource Center. They are very hands on and truly take the time to educate us, whether in person or through trainings and tutorials. Their customer service and individualized care have remained top tier and we gladly recommend their services.

- Jay Ahnee

J&S Accounting is a member of Savannah Area Chamber
J&S Accounting is a member of Association of Nonprofit Accountants & Finance Professionals
J&S Accounting is an Enrolled Agent
J&S Accounting is a BBB Accredited Business

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Disclaimer:​This content is for information purposes only and should not be considered legal, accounting, or tax advice, or a substitute for obtaining such advice specific to your business from a professional accountant. Additional information and exceptions may apply. Applicable laws may vary by state or locality. No assurance is given that the information is comprehensive in its coverage or that it is suitable in dealing with a customer’s particular situation. J&S Accounting does not have any responsibility for updating or revising any information presented herein. Accordingly, the information provided should not be relied upon as a substitute for independent research. J&S Accounting does not warrant that the material contained herein will continue to be accurate, nor that it is completely free of errors when published. Readers and viewers should verify statements before relying on them.

© 2023 J&S Accounting. All Rights Reserved.

Disclaimer

This content is for information purposes only and should not be considered legal, accounting, or tax advice, or a substitute for obtaining such advice specific to your business from a professional accountant. Additional information and exceptions may apply. Applicable laws may vary by state or locality. No assurance is given that the information is comprehensive in its coverage or that it is suitable in dealing with a customer’s particular situation. J&S Accounting does not have any responsibility for updating or revising any information presented herein. Accordingly, the information provided should not be relied upon as a substitute for independent research. J&S Accounting does not warrant that the material contained herein will continue to be accurate, nor that it is completely free of errors when published. Readers and viewers should verify statements before relying on them.