If your kids are working in the business and you fail to pay them properly through the business, you've got to go back and do that.

If you're going to pay your spouse, it would be through the S Corporation and a W2 so you could fund his or her 401K.

But also for those of you self-employed with the solo 401K or those of you that want a solo 401k, you've got to set up that solo 401k plan by year

end to get maximum employee and employer contributions for those you have an escort right you need

to get your w-2 dialed in which is your fourth quarter payroll it's very important

happy holidays with mark caller matt sorenson we are on our final push, right? It's the Christmas New Year's week. Always a unique week. You know, should I be working? Should I be playing? Should I? It's just, it's crazy. So welcome everybody. We got some last minute tax tips that are absolutely critical. And we're trying to get this podcast up literally today, same day. Today's the, what is today? 28th. 28th. So, you know, you have three days. You have plenty of time. Yeah. Yeah. Now, companies will be closed, two of those three days. But, you know, so you got a day so you got a day, but we wanted to rattle

these off. We're getting fielding questions right now amongst our clients, doing a lot of these

last minute items ourselves. So we just want to make sure everybody's on the same page about

what are the last minute items I'm going to be thinking about for my business and my self-employed,

for my retirement account, all these little considerations

that come in that you really got to get dialed in by year end or close to. There's some

things that kind of bleed into January here. We'll hit those. But it's the last minute,

folks, we're going to give you the punch list. Yeah. And I'm looking, are the banks closed on

Friday? Well, I mean,urday and sunday well i mean

they might be open somewhat on saturday you know some of this stuff with you know you could be just

transferring money around on you know online but let's say you want to do a roth conversion by your

end you're not doing that on sat. You're not doing that on Saturday.

You're not doing that on Friday.

Yeah.

You know,

unless it's in by 10 a.m.

and you pay a same day processing fee somewhere.

...