by James Breidel | Accounting, Consulting
Business owners who work for their company typically have expense accounts; the same usually is true for many employees. If your company has what the IRS calls an accountable plan, everyone can benefit from the tax treatment. The company gets a full deduction for its... by James Breidel | Consulting
According to the Investment Company Institute, 68% of households with IRAs have mutual funds in those accounts. That is followed by individual stocks (41%), annuities (35%), and bank deposits (25%). Therefore, annuities are among the most common IRA holdings; they are... 