Blog | Mat Sorensen

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How the “Buy, Borrow, Die” Strategy Builds Wealth and Avoids Taxes

Learn how the wealthy use the Buy, Borrow, Die strategy: grow appreciating assets, borrow against them tax-free, and pass them on with a step-up in basis.

What to Do with a 401(k) When You Leave Your Employer

What should you do with your 401(k) after leaving your job? This guide walks through your options, the tax traps to avoid, and how to protect your retirement savings.

BOI Requirement Does Not Apply to U.S. LLCs and Corporations: Final Interim Rule

A federal ruling confirms U.S. LLCs and corporations are exempt from BOI reporting under the Corporate Transparency Act. Here's what it means for you.

Huge Changes to IRAs and 401(k)s in New Budget Law that Affects Everyone

The new omnibus bill expands Roth options, delays RMDs, and lets unused 529 funds roll into Roth IRAs. Here's what self-directed investors need to know.

Self-Directed IRA Versus Solo 401(k)

Debating between a self-directed IRA and a solo 401(k)? Mat Sorensen explains the key differences in taxes, contributions, and setup so you can choose the right fit.

Stuck With a 401K Loan and Leaving Your Job

Taken a loan from your employer 401(k) and plan on leaving? Here's how to buy yourself more time and avoid taking a distribution from your retirement plan.

Can I Use a SEP IRA If I Have Employees?

Can you use a SEP IRA if you have employees? It depends on their eligibility. Mat Sorensen breaks down the rules, loopholes, and strategies to maximize SEP contributions.

Solo 401K Form 5500 Tax Filing and Five-Point Compliance Checklist

Solo 401(k)s offer big benefits for the self-employed. This checklist covers Form 5500-EZ filings, plan updates, and other steps to stay compliant.

Raising Capital in a Partnership LLC or Joint Venture

Crowdfunding, PPMs, and IPOs aren't the only ways to raise money. One of the most reliable and widely used methods is a partnership LLC or joint venture. Here's how it works.

Do Good with Your IRA and Pay Zero Tax on Your Required Minimum Distributions

RMDs from IRAs can be a burden for taxpayers, by raising your annual income levels and boosting you into a higher tax bracket. Using the QCD can help your IRA do good.

Roth Conversions: When You Should Convert Your IRA or 401(k) to Roth?

When should you convert your IRA or 401(k) to a Roth? There are three definite situations when converting makes sense. Here's how to spot each one.

2019 Tax Reporting for Your Self-Directed IRA

Self-directed IRA investors have tax reporting duties each year. Some are handled by your IRA custodian; others are the IRA owner's sole responsibility. Here's the 2019 list.