Monthly Business & Wealth Newsletter – May 2026

💼 FIG Wealth Partners & Advanced Tax Planners

Helping Business Owners, Professionals & Physicians Build Tax-Efficient Wealth

At FIG Wealth Partners and Advanced Tax Planners, our mission is simple: help successful business owners and professionals reduce unnecessary taxes, protect income, and create long-term financial security through coordinated planning strategies.

This month, we are highlighting new retirement plan tax incentives, advanced deduction strategies, and planning opportunities for physicians and high-income professionals.

Business Owner Tax Update: SECURE 2.0 Creates Major Opportunities

A growing number of business owners are taking advantage of expanded tax credits and deductions tied to retirement plans under the SECURE 2.0 legislation.

According to recent IRS guidance, eligible businesses may receive up to $5,000 annually in tax credits for starting qualified retirement plans such as SEP IRAs, SIMPLE IRAs, and 401(k) plans.( full IRS article below)

Additional tax credits may also apply for employer contributions and automatic enrollment features.



For many business owners, these opportunities can create:

• Significant current-year tax deductions
• Increased retirement savings
• Improved employee retention
• Reduced taxable income
• Long-term wealth accumulation

Businesses with 50 or fewer employees may qualify for credits covering up to 100% of eligible startup costs for retirement plans. 

How FIG Wealth Partners & Advanced Tax Planners Help

Many business owners are unaware they may qualify for advanced planning strategies that can potentially save tens of thousands annually in taxes.

Together, FIG Wealth Partners and Advanced Tax Planners help business owners evaluate strategies such as:

Retirement & Tax Reduction Strategies

• Solo 401(k) Plans
• Cash Balance Plans
• Defined Benefit Plans
• SEP IRAs
• SIMPLE IRAs
• Executive Bonus Strategies
• 412(e)(3) Plans
• Profit Sharing Plans

Advanced Business Planning

• Entity Structure Review
• Tax-Efficient Compensation Planning
• Buy/Sell Funding Strategies
• Key Person Insurance
• Deferred Compensation Strategies
• Business Succession Planning

Personal Wealth Protection

• Income Protection / Disability Insurance
• Estate Planning Coordination
• Revocable Living Trust Education
• Asset Protection Concepts
• Retirement Income Planning

Our approach focuses on coordinating financial, insurance, tax, and retirement planning under one strategy-driven process.

Special Focus: Planning for Doctors & Medical Professionals

Planning Insight of the Month

“The Best Tax Strategy Is Often the One Planned Before Year-End.”

Many of the most valuable deductions and retirement strategies must be implemented before the end of the tax year to maximize benefits.

Waiting until tax filing season often limits available opportunities.

A proactive review today may help identify:

• Missed deductions
• Retirement plan opportunities
• Entity optimization strategies
• Insurance gaps
• Estate planning concerns

🔍 What to Expect

In this complimentary review, we’ll take a closer look at your current financial picture and provide actionable insights to help improve your income strategy.

This newsletter is for educational purposes only and should not be considered tax or legal advice. Please consult your tax and legal professionals regarding your specific situation.

Disclaimer: FIG Wealth Partners and Advanced Tax Planners are not CPAs, accounting firms, or law firms and do not provide tax or legal advice. We partner with independent, qualified CPAs and licensed attorneys to assist in the implementation of strategies discussed. All information provided is for educational and informational purposes only and should not be construed as tax, legal, or financial advice.

We strongly recommend that you consult with your current CPA, tax professional, and/or attorney before making any financial, tax, or legal decisions. You may also choose to engage with one of our affiliated professionals for implementation services.

Any strategies discussed are based on current laws and regulations, which are subject to change. Results are not guaranteed, and individual outcomes will vary based on specific circumstances. Past performance or projected outcomes are not indicative of future results.