Avoid These Common Mistakes When Filing Taxes with a Checkbook IRA
Avoid These Common Mistakes When Filing Taxes with a Checkbook IRA by Peter Rizzo Avoid These Common Mistakes When Filing Taxes with a Checkbook IRA If you’re like me and use a Checkbook IRA, tax season can get a little tricky. It’s not just about plugging numbers...
How Small Business Owners Can Use a Solo 401(k) to Reduce Self-Employment Taxes
How Small Business Owners Can Use a Solo 401(k) to Reduce Self-Employment Taxes by Peter Rizzo If you’re a small business owner or freelancer, you know self-employment taxes can take a big bite out of your income. But a Solo 401(k) isn’t just for retirement...
How to Store Crypto in a Checkbook IRA Without Violating IRS Rules
How to Store Crypto in a Checkbook IRA Without Violating IRS Rules by Peter Rizzo More investors are using self-directed IRAs (SDIRAs) to hold crypto, but storing it the wrong way can lead to tax penalties. Unlike stocks, digital assets require special handling to...