There is a common misconception that as a company owner of over 100 employees, increasing funds for a profit-sharing plan would mainly benefit employees rather than the owners and executives. See how Innovative helped one client generate significant tax savings for the owners as well as substantially increasing their share of the profit sharing contributions for their retirement.
IRS Releases Adjusted Contribution Limits for FSAs and Commuter Accounts
On October 9th, the IRS released the 2026 maximum contribution limits for Flexible Spending Arrangements (FSA) and commuter accounts. Rev....
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