by Turquoise Tax Systems | Jun 17, 2026 | Business Tax
100% Free Federal. $14.99 State. Direct IRS E-File. FreeTaxUSA.com A Simplified Employee Pension (SEP) allows employers to contribute to retirement accounts for themselves and their employees. Contributions are made to individual SEP‑IRAs, which employees own and...
by Turquoise Tax Systems | Jun 17, 2026 | Business Tax
100% Free Federal. $14.99 State. Direct IRS E-File. FreeTaxUSA.com A SIMPLE plan allows small employers with 100 or fewer employees to offer retirement savings through salary reduction contributions and required employer contributions. Employers cannot maintain...
by Turquoise Tax Systems | Jun 17, 2026 | Business Tax
100% Free Federal. $14.99 State. Direct IRS E-File. FreeTaxUSA.com A qualified retirement plan is an employer‑sponsored plan that provides tax‑favored retirement savings. These plans follow specific rules for contributions, participation, and benefits. Employers may...
by Turquoise Tax Systems | Jun 17, 2026 | Business Tax
100% Free Federal. $14.99 State. Direct IRS E-File. FreeTaxUSA.com Retirement plans allow employers to provide tax‑favored savings for employees. Common small‑business plans include SEP IRAs, SIMPLE IRAs, SIMPLE 401(k)s, and qualified plans. Each plan has its own...
by Turquoise Tax Systems | Jun 17, 2026 | Business Tax
100% Free Federal. $14.99 State. Direct IRS E-File. FreeTaxUSA.com A partner may dispose of an interest through a sale, exchange, withdrawal, retirement, or at death. The tax result depends on the type of assets inside the partnership and whether the partner is...
by Turquoise Tax Systems | Jun 17, 2026 | Business Tax
100% Free Federal. $14.99 State. Direct IRS E-File. FreeTaxUSA.com Partnership distributions fall into two categories: current distributions and liquidating distributions. A current distribution provides money or property to a continuing partner. A liquidating...
