Posted September 26th, 2011 by admin
During the last few months, there has been a significant decline in the stock market. Some taxpayers may find that they are paying income taxes for a value that no longer exists. The Internal Revenue Code permits a reversal to be done. It is called a “recharacterization”. According to questions and answers posted to the IRS web site (www.irs.gov), the final date for the notice and transfer to be done for a 2010 Roth conversion is October 17, 2011.
Tags: conversion, ira, recharacterize, reverse, roth, undo
Posted July 11th, 2011 by admin
This week’s interview on Financial Insider Weekly is with attorney Jeffrey B. Hare. Our interview subject is, “Using a checkbook LLC to invest IRA and Roth funds”.
Tags: checkbook, invest, ira, LLC, roth, Tax matters
Posted May 31st, 2011 by admin
This week’s interview on Financial Insider Weekly is with attorney Naomi Comfort of Hawks & Comfort. Our interview subject is, “How to handle retirement accounts after a death”.
Tags: account, death, estate, ira, retirement, roth, Tax matters
Posted May 2nd, 2011 by admin
This week’s interview on Financial Insider Weekly is with Raymond Sheffield, attorney at law with the Sheffield Law Office. Our interview subject is, “Estate Planning For Retirment Accounts”.
Tags: account, estate, ira, plan, planning, retirement, roth
Posted March 7th, 2011 by admin
This week’s interview on Financial Insider Weekly is with Lamarr Baxter of Entrust Administration. Our interview subject is, “How to make alternative investments using your IRA or Roth account.”
Tags: alternative, investment, ira, roth
Posted February 28th, 2011 by admin
This week’s interview on Financial Insider Weekly is with Lamarr Baxter of Entrust Administration. Our interview subject is, “Investing in real estate using your IRA or Roth account.”
Tags: estate, investing, ira, real, roth
Posted December 17th, 2010 by admin
Now that Congress passed The Unemployment Insurance Reauthorization and Job Creation Act of 2010 (HR 4853) on December 16, converting an IRA or 401(k) to a Roth looks more appealing.
Tags: 401(k), conversion, ira, roth
Posted November 8th, 2010 by admin
This week’s interview on Financial Insider Weekly is with attorney Jeffrey Hare. We discuss using a “checkbook limited liability company (LLC)” with a self-directed IRA or Roth.
Tags: checkbook, investing, ira, LLC, operation, roth
Posted September 23rd, 2010 by admin
Lamaar Baxter of Entrust and Michael Gray, CPA will discuss When Self-Directed IRAs and Roths Must Pay Income Taxes at “meetings before the meetings” for the San Jose Real Estate Investors Association on 10/6 & 10/7.
Tags: business, ira, planning, roth, Tax matters, UBIT, UBTI, unrelated
Posted June 7th, 2010 by admin
This week’s interview on Financial Insider Weekly is with Hilary Martin, CFP of The Family Wealth Consulting Group. We discuss whether you should convert your IRA or taxable retirement account to a Roth account in 2010.
Tags: conversion, ira, roth