IRS Form 5498: What It Is and What The IRS Extension Means For Your IRA
IRA custodians must track all IRA contributions made throughout the year and generate IRS Form 5498, IRA Contribution Information, for each IRA to report contribution activity and the fair market...
What is Due Diligence When It Comes to Private Placement Investing?
Guest contributor: Bruce Roberts, Chief Executive Officer of Carofin* Before making an alternative investment, Investors should analyze and verify information provided to them by the Issuer. Typically, an Investor will be presented...
Coronavirus-Related Retirement Account Distributions: Do You Qualify?
Revised June 23, 2020, to reflect new guidance released by the IRS. The newly enacted Coronavirus Aid, Relief, and Economic Security (CARES) Act is designed to assist Americans affected by...
UBTI and UDFI Tax Considerations for IRA Owners
Revised on April 10, 2020 due to new guidance from IRS Notice 2020-23: Additional Relief for Taxpayers Affected by Ongoing Coronavirus Disease 2019 Pandemic, which, in part, extends the Form...
CARES Act Waives RMDs in 2020
Just as we were all getting used to the SECURE Act rule changes, the rules changed again. After a few quiet years on the legislative front, two major bills affecting...
STRATA’s Patrick Hagen Featured in U.S. News & World Report’s “How to Leverage 0% Interest Rates in a Self-Directed IRA”
Article originally published in U.S. News & World Report by Rebecca Lake, Contributor - A changing economic environment that brings 0% interest rates can open up new possibilities for investors. One...
