You Still Have Time To Set Up Your
2015 Retirement Plan
a business owner, you shoulder many responsibilities - but
have some perks as well.
One benefit worth considering is setting up your own
retirement plan that allows you to make larger contributions
than you could as an employee.
For example, the maximum 2015 employee contribution to
a 401(k) plan is $18,000 — $24,000 if you're age 50 or older.
Compare these limits to the amounts available to a business
owner (that is, a "self-employed" individual) under:
profit-sharing plan, for which the 2015
contribution limit is $53,000 - $59,000 if you're age 50 or
older and the plan includes a 401(k) arrangement, or
defined benefit plan, for the maximum future annual
benefit toward which 2015 contributions can be made is
More good news: As long as you set up one of these plans by
December 31, 2015, you can make deductible 2015 contributions
to it until the 2016 due date of your 2015 tax return.
Additional rules and limits do apply. For instance, your
employees generally must be allowed to participate in the
plan, provided they meet the requirements for doing so.
Intrigued? Please contact us at 925-634-2344 to learn
which plan would work better for you.
SMEED CPA Adds Financial
Services To Help Clients With
Investments & Insurance
often we here at SMEED CPA are asked about financial issues
that impact our clients investments and their portfolios.
We always offered our opinion and suggestions but in order to
help our clients actually execute the changes we suggest,
SMEED has created a Financial Services division.
SMEED Financial Services, Inc. will be able to
work with both individual and business clients on their
investment portfolios and manage assets on their behalf.
SMEED Financial will include Michael Uadiale,
ACA, CPA, CGMA; and Pablo Blanco who has
recently joined SMEED and comes with over 18 years of
financial sales and advising experience with affluent
Watch your inbox and mail boxes for more specific information
on services SMEED Financial Services, Inc will make available
Would You Give Me Your
Feedback & Testimonial
on Our Hotline?
Hello it’s Michael Uadiale, CPA of
SMEED CPA Inc. We’ve just installed a toll-free
number that I would like for you to call and tell me how you
think we are doing as your CPA firm.
Just dial 800-609-9006
extension 3638 and follow the instructions. If we’ve
done a good job please let me know. And if we can
improve on anything, please mention that too.
Us Be Found on
Also as we expand our business,
we find more and more people are using
YELP and Google
to look for us by searching Brentwood accountant or
When they do this we want to
be FOUND on GOOGLE. One way you can help us
is to give us an
ONLINE REVIEW on our Google Maps/Places listing --->
or on our YELP local listing
click here to go to our Google Listing for SMEED CPA and
click on the
YELP link to go there.
Scroll down to the Review area.
On either site it may say: Been here?
Rate and review
You will click on the Rate and
review link and then log in, then
give us a review!
You can choose between 1 and 5
STARS and write in what you think about the tax or accounting
work we have done for you.
It's that simple. Thank
you in advance for your help and cooperation!
As always you can call our offices if you have any
questions about these or any other accounting related issues, at
Regards, Michael Uadiale, CPA,
Managing Partner, SMEED CPA,