If the company established a 401(k) plan instead of a SEP, then you as employee could make an elective deferral contribution from your w-2 of $15,500 ($20,500 if age 50 or older) and then the S corporation could make a 25% employer contribution ($21,750 of total contributions to your 401(k) account).
A Great Consultant gets invested in the clientâs issues and gets excited at the prospect of making a difference. Finding passion in your work is something you canât force, and you may need to turn things around â find out first what youâre passionate about and then make that your professional focus.
8. The Consultant has no power over the Consulteeâs actions 9. The Consultant may or may not have direct contact with the Client 10. The Consultant works with the entire person of the Consultee â primarily in terms of increasing effectiveness with the target Client. CPY 560 Consultation / Dr. Burt Bertram