Michael Shea

Central Florida's #1 Business Broker

retirement

Timing the Market: When Is the Best Time to Sell Your Business in Tampa Bay?

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As a Tampa Bay business owner, you’ve poured your heart and soul into building and growing your company. You’ve dedicated countless hours to ensure its success, but determining the right time to sell can be a complex decision. At Transworld Business Advisors of Tampa Bay, we understand the unique challenges and opportunities our local market […]

50 Year Old Plus Iconic Restaurant

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  Listing Number: 3353-573228 Description This decades old restaurant is an icon for the community it resides in. Outstanding customer loyalty that spans generations it is a community icon and destination for families returning to town. The choice for home cooking and comfort food it has an outstanding location, plenty of parking and seating of […]

Secure Your Retirement: How Transworld Business Advisors Can Help You Sell Your Business and Retire Rich

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Embarking on the journey of selling your business is a pivotal step toward securing a comfortable retirement. Transworld Business Advisors, with its wealth of experience and industry expertise, can play a crucial role in helping you navigate this complex process. In this blog post, we’ll explore how partnering with Transworld Business Advisors can pave the […]

Legit Tax Mitigation in Small Business: The SEP IRA

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SEPs can be a great way for self-employed individuals and small businesses to save for retirement. They offer higher contribution limits than traditional IRAs, and contributions are made by the employer, which can make it easier for business owners to save for retirement.

Three Simple Tax Mitigation and Retirement Plans Business Owners Should Consider deploying

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Under a SIMPLE 401(k) plan, employees can elect to make pre-tax contributions to their retirement accounts through payroll deductions, up to a certain annual limit set by the IRS. Employers are required to match employee contributions dollar for dollar, up to a certain percentage of the employee’s compensation, or to contribute a fixed percentage of each employee’s compensation, regardless of whether the employee contributes.