The IRS is increasing scrutiny into a complex practice for using retirement accounts to fund a business. The practice may trip up business owners who take advantage of it. In the end, it could cost them not only their retirement nest eggs, but open them up to paying back taxes and large penalties to the IRS.
Using Retirement Accounts to Fund a Business Draws IRS Scrutiny
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.