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A Memorial Day Gift

By | 2018-06-03T11:08:59+00:00 June 3rd, 2018|Uncategorised|

[I have not given a Memorial Day speech in several years. If I were to give one next year, it would be very different than ones I’ve given in the past. Memorial Day has taken on a mew meaning for me since […]

SDIRA Distribution

By | 2018-02-09T11:25:52+00:00 February 9th, 2018|Self-Directed IRA|

If done incorrectly, taking an SDIRA distribution can disqualify your IRA. If the IRS disqualifies your IRA, you owe taxes on the entire IRA backdated to Jan 1 of the year of the disqualification plus interest. If your return for that year is […]

SBA Loan Life Insurance

By | 2018-01-19T09:45:28+00:00 January 19th, 2018|Rollover Business Startup|

SBA loan life insurance is not my bailiwick. I help people create and fund corporations using their own retirement funds, a process the IRS refers to as ROBS. Some of my clients need SBA loans. There is an additional step an SBA […]

ROBS Year End Valuations

By | 2017-12-21T10:21:19+00:00 December 21st, 2017|Rollover Business Startup|

Plan Administrators require year end valuations of all plan assets. Most of my clients’ plans only contain stock in the sponsoring corporation so this is a straightforward, albeit important, task. Some plan admins do not provide any guidance on creating that valuation. […]