Can a Solo 401(k) Reduce Self-Employment Tax?
Can a solo 401(k) reduce self-employment tax? If you’re self-employed or a small business owner, discover the tax advantages of a Solo 401(k) plan today.
Estate Planning Opportunities with a Self-Directed Roth IRA
There are significant tax benefits in using a Self-Directed Roth IRA LLC to make investments. However, the Roth IRA also offers several very exciting estate planning opportunities. Generally, a Self-Directed Roth IRA is an after-tax account. So, the Roth IRA holder can benefit from tax-free investment growth, so long as a Roth IRA distribution isn’t […]
Solo 401(k) Tax Filing Rules
The major question to address when it comes to Solo 401(k) tax filing is: Are there any annual tax filing requirements for the plan? Since a Solo 401k plan is considered a trust, under Internal Revenue Codes (IRC) Section 401 and 501, there is generally no requirement to file annual state or federal income tax […]
IRS Form 5500-EZ: Solo 401(k) Filing & Reporting Requirements
You must submit IRS Form 5500-EZ if your Solo 401(k) plan asset exceeds $250,000. IRA Financial Group explains reporting requirements and instructions.
Tax Requirements for a Self-Directed IRA
Does a Self-Directed IRA file a tax return? There are few tax requirements for a Self-Directed IRA generally, apart from informational forms.
Solo 401(k) Tax Strategy – Maximize Contributions
Solo 401(k) Tax strategy allows retirement investors to make non-deductible contributions. Not all custodians allow this, but IRA Financial Group does.
Year-End Tax Planning for ROBS Users
If you utilize the ROBS structure for your business, there are several things you need to do before the end of the year. ROBS tax planning is an essential part of your business so that you remain IRS-compliant. In the following, we will discuss all the items you need to take care of before December […]
How to Avoid Unrelated Business Taxes (UBTI) in a Self-Directed IRA
Certain investments made through a retirement plan may be subject to unrelated business tax, UBTI. Learn ways to avoid paying more taxes.
Capital Gains Tax and the Self-Directed IRA
Most investments are subject to the capital gains tax regime. However, when they are held in a Self-Directed IRA, those taxes are deferred.
Does the Self-Directed IRA LLC Get Taxed Twice?
An LLC is taxed at the member level, not the entity level, and since the Self-Directed IRA owns the company, funds are not taxable until distributed.
