Latest blog postings

Nov 09 - 2018

Contracting issues create a unique opportunity for Engineers (and similar professions) to use a Rollover Business Startup (ROBS) to land important contracts. Some of my clients leave firms to launch out on their own. Their goal is to work as a consultant.

Nov 03 - 2018

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.

Oct 18 - 2018

Does a Rollover Business Startups (ROBS) funding structure allow someone to claim women owned business (WOB) status?

Oct 04 - 2018

The tax changes for corporations make 2018 a great year to start your ROBS funded corporation! Why? Glad you asked! Here are the Selden notes. Like Cliff notes, except my name isn’t Cliff, and he is already using that name for his notes.

Sep 28 - 2018

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 applicant needs to complete if using retirement funds.

Sep 20 - 2018

Someone contemplating a ROBS setup sent me a quote from a ROBS promoter website and asked me to explain. If you have researched ROBS a bit, think about how you might explain this quote before you read my response. Here is the quote:

Sep 14 - 2018

SDIRA Distribution – The Issue

Sep 07 - 2018

Does your ROBS plan allow alternative 401K investments? A new client came to with an existing ROBS plan created by one of the big promoters. He wants to invest funds from his plan into a privately held LLC. The promoter told him he could not make that investment.

Sep 04 - 2018

I first heard of an SDIRA Trust last year when John Park of PGI Agency called me to ask whether the idea would work. I love creative thinking, yet the idea seemed odd to me at first.

Aug 30 - 2018

This article focuses on a ROBS IRS audit. There are two ways a ROBS setup can be audited: a DOL audit or an IRS audit. The previous blog focused on DOL audits.

Aug 28 - 2018

This article focuses on ROBS DOL audits. There are two ways a ROBS setup can be audited: a DOL audit or an IRS audit. The next will be about an IRS audit.

Aug 17 - 2018
Aug 03 - 2018
Jun 20 - 2018


Examples of the types of gold coins allowed in an IRA

Apr 05 - 2018

Courtesy of the CA Franchise Tax Board

Feb 28 - 2018

Last December, the IRS issues a report outlining new ROBS warnings.

Feb 10 - 2018

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.

Nov 16 - 2017

Is Life Insurance a better choice than a ROTH IRA? If you are contemplating a self-directed ROTH IRA, here is another option for consideration. While I help people with self-directed IRAs all over the country, on this concept I only work with people in WA State.

Nov 07 - 2017

In IRA Trust, as an investment tool for the IRA, is a new concept for many IRA owners.

Oct 28 - 2017

I discussed the Peek v Commissioner case a year ago.

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