Harvard Law Attorney George Blower reviews the recent US Treasury proposal to increase IRS reporting of cryptocurrency transactions.
Last Updated November 22, 2023 Please check out our webinar for an in-depth discussion of the differences between self-directed Roth 401k vs. Roth IRA. Roth 401k vs Roth IRA Compare Roth IRA vs. Roth Solo 401k For 2023 & 2024 the contributions limits have been updated to the following: For Roth IRA 2023 = $6,500 […]
Eligible Compensation Compensation for Traditional and Roth IRA contribution eligibility generally is income a person earns from working. Compensation is defined in IRC Sec. 219(f)(1), Treasury regulations, and IRS Publication 590-A, Contributions to Individual Retirement Arrangements (IRAs). The following types of income are considered eligible compensation for IRA contributions. • Salary • Wages • Tips […]
How to Open a Self-directed IRA LLC Account at Gemini
Just like the IRA LLC rules allow for the distribution of cash, the same is true for the distribution of alternative investments owned by the IRA LLC. Alternative investments allowed in an IRA LLC include promissory notes, metals, tax liens, cryptocurrency, private placements and physical real estate, for example. For this post, we will address […]
