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Tax & Accounting Services in Port St. Lucie Florida

<br>Zenith Tax Pro is one of the CPA firm and provide expert Tax & Accounting LLC services in Florida. Contact us today 1 (772) 236-7536.<br>Our dedicated team offers Expert Tax Planning and Preparation, Meticulous Bookkeeping and Financial Reporting, Payroll Management, and Small Business Accounting support. Weu2019re here to assist with Financial Planning and Analysis, QuickBooks Consulting & Implementation. https://www.zenithtaxpro.com/

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Tax & Accounting Services in Port St. Lucie Florida

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  1. Using Retirement FUNDS TO LAUNCH YOUR BUSINESS WITHOUT PENALTIES www.zenithtaxpro.com

  2. If you’re considering this option, services like Financial Analysis and Interpretation Services Florida or Professional Advisory Services in Florida can help guide you.

  3. ROBS, or Rollovers as Business Startups, is a funding mechanism that allows individuals to use retirement funds (such as those in a 401(k) or other qualified retirement plans) to invest in a new or existing business. If you’re considering ROBS, working with a CPA Firm in Port St. Lucie Florida can ensure compliance with both IRS and Department of Labor requirements. WHAT IS ROBS?

  4. HOW DOES ROBS WORK? • Set Up a C-Corporation: For ROBS to be compliant, the business must be structured as a C-Corporation, the only entity type that allows retirement plans to purchase company stock. • Create a New 401(k) Plan: Next, establish a new 401(k) plan under the C-Corporation, which will eventually invest in the business. • Set Up a C-Corporation: For ROBS to be compliant, the business must be structured as a C-Corporation. • .

  5. BENEFITS OF ROBS • No Debt or Interest Payments: Using your retirement funds eliminates the need to take on debt or pay interest, improving business cash flow. • No Early Withdrawal Penalties: ROBS allows access to retirement funds without incurring the usual 10% penalty or taxes on withdrawals. • Full Ownership and Control: Unlike venture capital, ROBS allows you to maintain complete ownership and control over your business. • Flexible Funding: ROBS funds can be used for a range of business expenses, making it a versatile option for startups.

  6. Is ROBS Right for You? ROBS can be an effective solution if you are confident in your business’s success and willing to manage the associated compliance responsibilities. Consulting with professionals who offer Tax Planning & Preparation Services in Port St. Lucie Florida or Financial Analysis Services Florida can help determine if ROBS aligns with your financial goals.

  7. CONTACT www.zenithtaxpro.com 1 (772) 340-6805 8737 S US 1, Port St. Lucie, FL 34952

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