The Obama administration is exploring a temporary tax cut for employers on their payroll tax obligations.
This is a big issue with the IRS and closely held C corporations right now. The focus is whether or not the owners-employees, as well as family members, are reducing their profits through large salaries and bonuses.
Deciding whether to open an IRA or a Roth IRA is a major decision with potentially large financial consequences. Both forms of the IRA are great ways to save for retirement, although each offers different advantages and rules.