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...
Understanding UDFI for IRA Investments Using Non-Recourse Financing
Non-Recourse Financing Part II: Understanding UDFI for IRA Investments Using Non-Recourse Financing by Peter Rizzo Understanding UDFI for IRA Investments Using Non-Recourse Financing Investing in real estate through a self-directed IRA (SDIRA) can be a powerful...