GAO on Self-Directed IRAs and ROBs

Our firm has been practicing in the federal tax area of self-directed IRAs and 401k plans used as business start-ups (commonly referred to as “ROBS”, AKA rollovers as business start ups) for over the past 10 years.  Little guidance has been forthcoming from the IRS or other governmental agencies, other than legal cases and certain published rulings and advisory opinions by the IRS and Department of Labor.

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