Small-Business Tax Deductions Checklist

As a small-business owner who works hard and plays by the rules, you want to pay Uncle Sam everything you owe in taxes—but not a penny more. To that end, you may already take advantage of some tax deductions that may lower your tax obligations by writing off wages, supply costs, rent, and utility expenses, among other things.

Read More

What It’s Like to Work With EP Wealth Advisors – Completing Your Financial Health Assessment

The Proposal Meeting*: Financial Health Assessment

Some investors who have worked with a financial advisor and received a proposal before have noted that, while they were given the feeling they were being heard, this didn’t ultimately mean they actually had been listened to.

Read More

What It’s Like to Work With a Financial Advisor | EP Wealth Advisors

Shopping for a financial advisor isn’t easy, and some advisors have earned the industry a less-than-stellar reputation. So we understand why, as an investor, you might be wary of salespeople with expensive products to pitch and doubt that the advice given really applies to you. That’s why we structured EP Wealth Advisors as a fee-only firm whose status as a fiduciary means we do not receive financial incentives when recommending investment products, and we are required to put your interest before our own. In addition to explaining these benefits to prospective clients, we wanted to be able to demonstrate them. To do this effectively,  we have created a Financial Health Assessment. It’s a transparent, two-meeting process* geared to inform and educate you on the realities of the markets, financial planning, and establish the foundation for a trusting relationship with an EP Wealth Advisor.

Read More

What is Succession Planning: Everything You Need to Know

Author: Ryan Serrecchia 

It takes a forward-looking individual to launch and build a small business—someone with a rock-solid commitment to investing time and money in an organization based on its potential for future rewards. So it’s a bit ironic that, according to the Small Business Administration, only 30 percent of small-business owners have done any succession planning, let alone sought out succession planning services, a strategy that can contribute to the ultimate value of their company. Owners tend to be so focused on the day-to-day requirements of dealing with clients and employees that they barely have time to plan dinner, let alone plan for the long term. But failing to appreciate the importance of succession planning can have a number of negative consequences. Uncertainty about who will eventually assume control can lower the value of a firm, while also increasing stress and forcing the owners to work longer than desired or sell at a less favorable price and decreasing personal wealth.

Read More

Small Business Retirement Planning - The Opportunity So Many Owners are Missing

Author: Elliott Servais

According to a recent Manta survey of small-business owners, 34% don’t offer any type of retirement benefits.

Why is this?

As a small business ourselves, the team at EP Wealth Advisors knows that running your company makes time a precious resource. Employers who aren’t investing in a retirement plan may be missing out on an opportunity to prepare for retirement and the potential saving benefits that come with it.

Read More