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Damon Paull update:

๐Ÿช™⛹️‍♂️ Small business owners, can you invest in your kids? ๐Ÿคท๐Ÿป‍♀️๐Ÿ’ก ๐ŸŒŸToday, I've got some golden insights; even though it's finance , there's no need to quit & give up! ๐Ÿคน‍♀️You’re a small business owner; a pro at juggling multiple responsibilities & looking out for your family's well-being. Why not take it a step further & give your children the gift of long-term financial stability? ๐ŸŽAs I promised - sexy pro-tip: consider setting up a Roth IRA for your kids! ๐–๐ก๐ฒ ๐ข๐ฌ ๐ƒ๐š๐ฆ๐จ๐ง ๐’๐š๐ฒ๐ข๐ง๐  ๐“๐ก๐ข๐ฌ ๐‚๐š๐ง ๐๐ž ๐š ๐’๐ฆ๐š๐ซ๐ญ ๐Œ๐จ๐ฏ๐ž ๐Ÿ๐จ๐ซ ๐˜๐จ๐ฎ๐ซ ๐Š๐ข๐๐ฌ: ๐ŸŸชTax-Free Growth: Investments in a Roth IRA grow tax-free, meaning your kids can benefit from your foresight without handing a slice of their earnings to Uncle Sam. ๐ŸŸชEarly Financial Lessons: By contributing to their Roth IRA, you're teaching your kids the value of savings & investment from a young age. ๐Ÿ’ ๐„๐š๐ฌ๐ฒ ๐’๐ญ๐ž๐ฉ๐ฌ ๐ญ๐จ ๐’๐ž๐ญ ๐”๐ฉ ๐˜๐จ๐ฎ๐ซ ๐Š๐ข๐๐ฌ' ๐‘๐จ๐ญ๐ก ๐ˆ๐‘๐€: ...

Damon Paull's financial blog - Financial Advisor in Houston, Texas.

Hello and welcome! My name is Damon Paull, and I’m delighted to have you here on my business and finance blog. As a proud Marine Corps veteran who has traveled to over 20 countries and worked in multiple regions across the world, I am eager to share my wealth of experiences with you. From captivating financial adventures to practical tips that will help you meet your objectives -  I love helping business owners and veterans! We’ll explore an array of topics such as employee benefit packages, various retirement savings options like 401(k) plans, SEP-IRAs, Solo IRAs, Traditional IRAs, and Roth IRAs. Additionally, I’ll be sharing valuable insights from my knowledgeable CPA tax team to keep you informed about current tax strategies.   Stay tuned for inventive investment portfolio ideas that can set you on the path towards financial freedom. We will also discuss timely stock market updates and essential estate planning concepts. To round it off, we’ll delve into pertinent insurance informat...

ERC

< div course=" et_pb_module et_pb_text et_pb_text_0 et_pb_text_align_center et_pb_bg_layout_light" style=" box-sizing: border-box; margin: 0px 0px 28.1924 px; cushioning: 0px; border: 0px; overview: 0px; text-size-adjust: 100 %; vertical-align: standard; background-image: initial; background-position: 50% center; background-size: cover; background-repeat: no-repeat; background-attachment: first; background-origin: preliminary; background-clip: initial; placement: relative; animation-timing-function: linear; animation-duration: 0.2 s; overflow-wrap: break-word; text-align: center;" > It's credit associated with employment tax obligations, yet it's based upon earnings you paid to your employees, so it's essentially rewarding you as a company for maintaining your individuals paid throughout the pandemic. Developed by the CARES Act, the ERC is   a refundable tax credit-- a give, not a financing-- that a business can claim also if they needed to shut do...