If you talk to the average CPA, he'll tell you that UBIT is the boogeyman and is to be avoided... always. Discussing this topic with an above average CPA (such as Eric Wikstrom of Integrated Wealth Strategies) yields different advice. The Two Types of UBIT Triggered from a trade or business - if a … [Read more...] about Unrelated Business Income Tax – UBIT for Solo 401(k) & IRA accounts
taxation
The Roth Assumption
We all have that friend who is financially irresponsible. You know, they have a new cell phone every time one comes out. They lease a brand new car every 2 years. Their credit cards are maxed out. And they don't really have a game plan on how to pay for the stuff they have. The best I can tell is … [Read more...] about The Roth Assumption