Quantcast
Home / Commentary / IRA-owned business can put you on thin ice (access required)

IRA-owned business can put you on thin ice (access required)

Q: I am planning on starting a new business, and an adviser I work with has suggested I own the business through my IRA. He tells me that this way the income will be tax deferred or even escape taxes altogether. What is your take on this? A: My advice is to proceed with extreme caution. ...

About Peter G. Robbins, CPA