Retirement Legislation – Episode 292
In this episode of Adam Talks, IRA Financial’s Adam Bergman Esq. discusses new legislation introduced for retirement accounts, specifically an update to SECURE Act 2.0.
Rollover as Business Startups FAQs
IRS Audit Risk – Episode 287
In this episode of Adam Talks, IRA Financial’s Adam Bergman Esq. discusses some statistics and trends about IRS audits and if investing in alternative assets puts you more at risk for one.
Self-Directed IRA LLC – IRS Approved
The Self-Directed IRA Structure has been in use for some 35 years, however, the concept of using an entity owned by an IRA to make an investment was first reviewed by the Tax Court in Swanson V. Commissioner 106 T.C. 76 (1996). In Swanson, the Tax Court, in ruling against the IRS, held that the […]
Solo 401k Plan Required Minimum Distribution Rules
What is an RMD? Once you reach the age of 70½, you must start to better understand the required minimum distributions (RMDs) rules. That’s because, upon reaching this age, the IRS requires you to withdraw at least a minimum amount each year from all your IRAs and retirement plans—except Roth IRAs—and pay ordinary income taxes […]
Solo 401k Facts vs Fiction
Learn the Solo 401k Facts vs Fiction before establishing the plan. In this article, we separate truth from myth to help you better understand what the plan can offer. What is a Solo 401k Retirement Plan? The Solo 401k Plan is essentially a regular, plain-old, vanilla 401(k) that has one participant who is a self-employed […]
Completing IRS Form W-9 for a Self-Directed IRA or Solo 401(k)
IRS Form W-9 is not a tax form but an information return that is used to confirm one’s taxpayer information for purposes of filing a 1099 or other IRS form
IRS Form 990-T, UBTI and UDFI
IRS Form 990 2020 & UBTI & UDFI have all been updated for the taxable year and that means that there’s more to learn before taxes go out.
Solo 401(k) Employer Profit Sharing Contributions with Different Percentages
How to set up a retirement plan that offers Solo 401(k) employer profit sharing contributions with different percentages for the owners.
How to Buy ICOs with an IRA
Buying ICOs with an IRA is easy and only takes a few steps with IRA Financial Group. The tax environment for virtual currencies and ICOs is very favorable.
