Articles
FinCEN BOI Requirement Ruled Unconstitutional
Learn about the recent federal court ruling that declared the FinCEN BOI filing requirement unconstitutional, impacting LLCs and corporations nationwide. Understand the implications, legal updates, and what it means for existing and future filings.
Corporate Transparency Act Ruled Unconstitutional
Breaking News: Federal Judge Strikes Down Corporate Transparency Act! Get the scoop on how this impacts LLCs and corporations. Plus, key compliance deadlines and what it means for you!
Dissolution of LLCs to Avoid FinCEN BOI Report and Asset Protection Consideration
Still have an old LLC or corporation? With BOI reporting requirements now in effect, dissolving unused entities can help you avoid costly penalties. Learn why year-end is the best time to clean house—and how to do it right.
Seller Financed Deals and Installment Sales
Seller financed deals can be a win-win strategy for buyers and seller of real estate or businesses. Seller financing means the seller of the asset, whether a business or property, agrees to take payments over time for the purchase price and as a result the seller is...
Top 3 Mistakes In Do-It-Yourself Estate Plans
The Internet has allowed families to prepare basic estate planning documents from documents online and at affordable prices. However, the increase in affordability and convenience found on the web has created a false sense of security and inadequate planning that has...
IRA/LLCs – IRA Ownership of LLCs
Thinking about using an IRA/LLC for self-directed investing? Mat Sorensen breaks down how to structure it properly, key legal considerations, and common mistakes to avoid. Read his article featured by the California Lawyers Association.
Huge Changes to IRAs and 401(k)s in New Budget Law that Affects Everyone
Major updates to retirement planning are here. The new omnibus bill expands Roth options, delays RMDs, and allows unused 529 funds to roll into Roth IRAs. While a fix for IRA prohibited transactions didn’t make it in, self-directed investors still gain from broader Roth access and new catch-up contributions. Here’s what you need to know.
Self-Directed IRA Versus Solo 401(k)
Debating between a self-directed IRA and a solo 401(k)? Both accounts allow alternative investments like real estate and private companies—but the right fit depends on your self-employment status, income, and goals. In this article, Mat Sorensen explains the key differences in taxes, contributions, and set-up so you can choose the best structure for your retirement strategy.
Stuck With a 401K Loan and Leaving Your Job
Have you taken a loan from your employer 401(k) plan and plan on leaving? Unfortunately, most company plans will require you to repay the loan within 60 days, or they will distribute the amount outstanding on the loan from your 401(k) account. Its one of the ways they...
Can I Use a SEP IRA If I Have Employees?
Wondering if you can use a SEP IRA if you have employees? The answer depends on their eligibility. In this article, Mat Sorensen breaks down the rules, loopholes, and strategies to maximize SEP IRA contributions while managing employee requirements.
