Tax consequences of funding a business with an IRA

04/15/2014 | Tax Adviser, The

The recent popularity of rollovers-as-business-startups, where an individual uses retirement funds from a qualified plan to purchase a business, has led some taxpayers to try this with their IRAs. This article discusses the dangers of that approach when the IRA owner also intends to provide services to the business.

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Tax Adviser, The

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