Happy New Year! In case you missed it (or are not on my subscriber list), please read my latest newsletter, Death & Taxes (December 2015). This edition includes information regarding:
(1) A second/pending US Government Accountable Office (GAO) report on “self-directed” retirement accounts (e.g., IRAs, 401(k), “ROBS”) that invest into “nontraditional” assets – e.g., real estate, closely-held companies, etc.
(2) Review of a recent self-directed IRA Tax Court case – Summa Holdings v. Commissioner and my summary of the case, which appeared in the Journal of Accountancy.
(3) 2016 estate planning update – e.g., federal and Washington state exclusion amounts.
Thank you for reading!