About Jason Watson
16
Sep
Pay More Taxes
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By
Jason Watson
Key Takeaways
Focus on wealth, not just tax savings: Sometimes paying more taxes strategically can help grow your business and per...
02
Sep
529 to Roth IRA Conversion
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By
Jason Watson
Key Takeaways
529 to Roth IRA conversion starts in 2024: Allows overfunded or unused 529 plan funds to move into a Roth IRA for th...
26
Aug
IRS Delays High Earner Roth 401k Requirement
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By
Jason Watson
Key Takeaways
SECURE Act Roth 401k catch-up rule delayed: Originally would require workers 50+ earning over $145,000 to make catch...
21
Sep
Client Communications
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By
Jason Watson
Key Takeaways
Communication preferences: WCG primarily uses emails and texts to fit client schedules and keep a record, but phone ...
03
Jul
Roth 401k Versus Traditional 401k
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By
Jason Watson
Key Takeaways
Roth 401k vs. Traditional 401k: Roth 401k contributions are post-tax, have higher limits, and no income phaseouts, u...
02
Jul
Tax Planning Strategies
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By
Jason Watson
Key Takeaways
Tax planning is year-round: Waiting until December creates stress; ongoing planning yields better decisions and savi...
18
Jun
Small Business Bookkeeping
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By
Jason Watson
Key Takeaways
WCG offers a Fractional Controller service: Acts as your single point of contact while Bench handles the back-office...
22
Nov
PPP Loan Forgiveness is Taxable Income Today
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By
Jason Watson
Key Takeaways
PPP loans are taxable in a roundabout way: While the loan itself isn’t income, expenses paid with PPP funds cannot b...
08
Jul
C Corp vs S Corp
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By
Jason Watson
Key Takeaways
S Corp vs C Corp: Switching from S Corp to C Corp mainly for the 21% corporate tax rate is generally a bad idea due ...
06
May
SBA PPP Loan Forgiveness
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By
Jason Watson
Key Takeaways
This post focuses on frequently asked questions about PPP loan forgiveness, not on calculating the loan amount.
M...
