Does funding your corporation with a 401K plan create ROBS salary limits for yourself? Or, are you allowed to pay yourself whatever you want?
Average President Salaries
ROBS Salary Limits: Reasonable
Many of the […]
This year I created a ROBS legal service. For twelve years, I offered legal advice for about Rollover Business Startups (ROBS) arrangements. ROBS allows 401K plan investment of one’s own into a Corporation to start a new business or add capital to […]
What is a ROBS Corporation idea worth these days? You have been working on your idea. You know it is worth a million dollars. You bring $200,000 from your plan into the corporation and you, personally, add your $1M idea. May your […]
How to convert qualified funds ROTH SDIRA can seem like navigating a maze. I helped several clients create a ROTH self-directed IRA. Here is what you need to know.
Navigating the Maze
Are you aware of your taxpayer rights? Given that taxation WITH representation exceeds anything King George’s government perpetrated on the distant colonies, I find little consolation in these rights. However, taxpayers should know these rights when dealing with the IRS. At least […]