Ask an Accountant – Federal ID Numbers For Your IRA

Elizabeth A. Cummings, CPA Do I need to obtain a Federal Identification Number for my IRA? Yes; in certain situations, not only is it prudent, but it may be required. For…

Net-Lease Investments

By Bob Strzalka, CCIM With a lot of investors looking for a fixed return better than the readily available offerings in Treasuries, CDs and savings accounts, where can one look? A…

The Basics of Health Savings Accounts (HSAs)

What Is a Health Savings Account? A health savings account (HSA) is a tax-exempt trust established to pay qualified medical expenses incurred by eligible individuals enrolled in a High Deductible…

Tax Consequences of Business Formation

What are the tax consequences of business formation, in general? When starting a business, you must consider a number of factors. One very important factor is taxation. Although business tax…

Investing in Real Estate With a Self-Directed IRA

Investing in real estate is one of the most popular ways to build wealth in a self-directed IRA. Real estate investing is an excellent option for people who want to…

Protecting Retirement Assets

Protecting Your Retirement Assets in a Self-Directed IRA A self-directed IRA is an excellent option for the confident investor who is ready to take control of his or her financial…

Three Advantages of Incorporation

By David M. Warrick, CFP Incorporation is the next step in the evolution of your business. The laws for incorporation vary from state to state, but incorporating is definitely something…

Year-End Charitable Giving

By David M. Warrick, CFP As the holiday season approaches, with the end of one year and the start of another, we pause to give thanks for our blessings and…

What is Year-End Tax Planning?

By David M. Warrick, CFP As the end of the tax year approaches, you can probably get a rough idea of how much you’ll owe in taxes. To lower your…

Adler Decison

ERISA Opinion No. 2000–10AThe issue was whether allowing the owner of an IRA to direct the IRA to invest in a limited partnership in which the IRA owner and his…