Tag Archives: Solo 401k

IRS Releases 2019 Data Book Contains Indirect Solo 401k Data

The Internal Revenue Service Data Book describes activities conducted by the Internal Revenue Service during Fiscal Year 2019 (October 1, 2018, through September 30, 2019). It provides information on returns filed and taxes collected, enforcement, taxpayer assistance, the IRS budget and workforce, and other selected activities. Here are some of the highlights of the data […]

COURT ALERT: Jeff Trin, Owner of Phoenix-based Retygo.com held in Civil Contempt Again

Founder of Solo 401k provider used forged IRS document (IRS Letter)  For a second time, a State of Michigan Circuit Court for the County of Oakland held Jeff Trin in civil contempt for violations of the Court’s prior order by failing to delete the Better Business Bureau profile of Solo 401k Services LLC.  The Court found […]

Solo 401k LiveChat Friday 6/26/2020 @2:30 EST – IRS Answers to Your CARES Act Questions

Please join LiveChat Friday 6/26/2020 @2:30 EST as Havard Law Attorney George Blower reviews new IRS guidance regarding CARES Act rules regarding: Who is eligible for relief under the CARES Act Suspended 401k loans $100k Coronavirus distributions Waived Required Minimum Distributions (RMDs) Contact us to learn more about your situation: https://www.mysolo401k.net/solo-401k/

Podcast – Deep Dive Re: Unrelated Business Income Tax (UBIT) & Unrelated Debt-Financed Income Tax (UDFI)

Please listen or watch to our in-depth discussion with Steven C. Hamilton II, EA, NTPI Fellow regarding how Unrelated Business Income Tax (UBIT/UBTI) and Unrelated Debt-Financed Income Tax applies to self-directed 401k and IRA retirement accounts. Learn More about UBIT/UDFI Learn more about opening a Solo 401k and self-directed IRA LLC with checkbook control. Contact […]

IRS Issues Notice 2020-50 New Guidance on CARES Act (COVID-19) Distributions from 401k Plans (solo 401k) and IRAs

The Internal Revenue Service (IRS) issued Notice 2020-50 on Friday, June 19, 2020. This notice is certainly welcomed by  those in the retirement account industry as it provides guidance on making distributions and taking participant loans under the CARES Act While the The IRS will continue to release more guidance on this important act, here […]