Cinder Insights
“An investment in knowledge pays the best interest.”
— Benjamin Franklin
Tax Planning Is Financial Planning
Why the Right Strategy Can Save You More Than a Good Investment Ever Could Most people think of taxes as a once-a-year headache. Something you deal with in April, file away, and forget. But if you’re serious about building wealth, it’s time to flip that mindset. At Cinder Wealth, we believe tax planning is financial planning —…
Exiting a Business — Without Leaving Money on the Table
You only sell your business once. Make it count. If you’re a business owner thinking about selling in the next few years, you’re already ahead of most. But here’s the truth: exiting a business isn’t just about timing the market or finding the right buyer — it’s about having a plan. A real one. The…
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Why Qualified Accounts Are a Legacy Killer in an Estate Tax Situation
When it comes to building wealth, qualified accounts like IRAs, 401(k)s, and defined contribution plans are often the go-to vehicles. They offer tax deferral, potential growth, and, in some cases, tax deductions on contributions. But while they’re great for accumulation during your lifetime, they can become a tax trap for your heirs if you’re in…
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Social Security Planning for Business Owners, part 3
Part 3: Beyond Wages — A Smarter Retirement Strategy for S-Corp Owners Over the last two posts, we looked at how S-Corp wages affect your Social Security benefits, and what happens if you invest your payroll tax savings instead. But those are just two pieces of a much bigger puzzle. For business owners approaching retirement,…
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Social Security Planning for Business Owners, part 2
Part 2: What If I Just Invest the Payroll Tax Savings Instead? In Part 1 of this series, we tackled a common question from S-Corp owners: “Can I just raise my salary at age 60 to max out my Social Security benefits?” Short answer: It might help—but not as much as you’d think. The Social…
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Social Security Planning for Business Owners
“Can I Just Raise My Salary at 60 to Max Out Social Security?” A Closer Look at S-Corp Wages and Retirement Strategy A client recently asked whether their CPA was right: They’ve been taking low wages from their S-Corp for years to reduce payroll taxes. Now that they’re turning 60, they want to increase their…
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