• Skip to content
  • Skip to primary sidebar

Header Right

  • Home
  • About
  • Contact

Brian Baum, CPA

ROBS Arrangements: Making Cents of Retirement (vol. 2)

June 26, 2024 by Brian Baum, CPA

ROBS Arrangements: Making Cents of Retirement (vol. 2)

In this video I’m going to help make sense of the ROBS Arrangement from a perspective of tax liability, specifically by comparing the operating structures of C-Corporations versus S-Corporations. Summary The ROBS Arrangement is ultimately a retirement strategy, not a quick and easy funding mechanism for a business. The required legal structure for ROBS is the C-Corporation, […]

Filed Under: ROBS 401(K) Plans

ROBS Arrangements: Making Cents of Retirement (vol. 1)

June 20, 2024 by Brian Baum, CPA

ROBS Arrangements: Making Cents of Retirement (vol. 1)

In this video I want to help entrepreneurs decide whether a ROBS Arrangement makes sense as a way to fund their business and finance their retirement.   Summary Opportunity cost is the value of what you have to give up in order to choose something else. Is the other choice better? To compare values, you […]

Filed Under: ROBS 401(K) Plans

ROBS Arrangement Compliance: Disqualified Persons

July 7, 2023 by Brian Baum, CPA

ROBS Arrangement Compliance: Disqualified Persons

In your ROBS Arrangement, you need to know what a “disqualified person” is and how to handle transactions that involve disqualified persons. Why? Because if you don’t, you could be hit with a 15% excise tax penalty under IRC § 4975 for mishandling your retirement plan assets! Why do we have to worry about “disqualified […]

Filed Under: General Information, ROBS 401(K) Plans

Are You Using the Right Business Structure?

January 19, 2023 by Brian Baum, CPA

Are You Using the Right Business Structure?

The business entity you choose has a great impact on your taxes and liability. Choose wisely. There’s so much you may be required to do when you launch a business. You might have to register your new company with your state and apply for permits and licenses. It’s likely you’ll need an Employer Identification Number […]

Filed Under: General Information

Taxpayer Alert for 2023 – IRS Changes to Retirement Accounts and FSA Plans

December 30, 2022 by Brian Baum, CPA

Taxpayer Alert for 2023 – IRS Changes to Retirement Accounts and FSA Plans

Sometimes everything changes only to remain the same. The Taxman givith, yet so doth the Taxman taketh away. But there are some upcoming changes to tax rules that will impact many individual taxpayers in the financial detail. If you’re looking for a New Year’s Resolution, maybe you’ll want to resolve to actively explore some of […]

Filed Under: General Information

Sopping up Leaky Retirement Accounts to Safeguard the Wealth of Rightful Owners

November 16, 2022 by Brian Baum, CPA

Sopping up Leaky Retirement Accounts to Safeguard the Wealth of Rightful Owners

Americans hold an estimated $7.7 trillion in retirement savings, mostly socked away in 401(k) and related retirement plans. These plans, and similar financial instruments outside the private sector, are brokered and managed by tens of thousands of registered agents and investment firms. Many more thousands of employers serve as middlemen to more than 100 million […]

Filed Under: General Information

  • Page 1
  • Page 2
  • Page 3
  • …
  • Page 8
  • Next Page »

Primary Sidebar

Search

Archives

  • June 2024
  • July 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • November 2021
  • October 2021
  • September 2021
  • August 2021

Categories

  • COVID-19
  • General Information
  • Payroll
  • ROBS 401(K) Plans

Copyright © 2025 · https://www.baumcpas.com/blog