The battle of supremacy between S & C corporations continues to rage with the new tax law changes • GP CPA Blog
Are You Sure You Want To Take That 401(K) Loan?
With summer headed toward its inevitable close, you may be tempted to splurge on a pricey “last hurrah” trip. Or perhaps you’d like to buy a brand new convertible to feel the warm breeze in your hair. Whatever the temptation may be, if you’ve pondered dipping into your 401(k) account for the money, make sure you’re aware of the consequences before you take out the loan.