Tax Services for IRAs

We specialize in tax document preparation for those with self-directed retirement plans, including IRAs (both Traditional and Roth), SEP-IRAs, SIMPLE IRAs, 401(k)s and other qualified plans.

IRA Services Form 990-T



  • Debt-financed property held for exempt purposes (i.e. property purchased with retirement funds) may be subject to Unrelated Business Income Tax. As such, a Form 990-T may be required to be filed. IRS Tax Services can provide assistance with calculating UBIT.
  • If you are an IRA holder that is invested in a Regulated Investment Company or a Real Estate Investment Trust (REIT), you may receive a refund of income tax paid on undistributed long-term gains by filing Form 990-T.

401(k) Services Form 5500

In general, if you have an existing 401(k) plan that is a one-participant plan, you may have to file Form 5500EZ. A one-participant plan is defined as follows:

  • The plan only covers you (or you and your spouse), and you (or you and your spouse) own the entire business. (The business may be incorporated or unincorporated)
  • The plan only covers one or more partners (or partner(s) and spouse(s)) in a business partnership.
  • The plan does not provide benefits for anyone except you (or you and your spouse), or one or more partners and their spouse(s).
  • Plan assets are more than $250,000.

Rate of Return/UBIT Analysis

Analyzing the rate of return for debt-leveraged property within an IRA can be complicated, especially if you are unable to calculate the expense of UBIT for the investment. This service is useful for investors who are anticipating the purchase of debt-leveraged property, but are unsure of how to optimize the rate of return. Factors such as debt pay down, LTV, cap rate, and mortgage interest can complicate the calculation further. IRS Tax Services can help.

IRA 1031 Exchanges

IRA Tax Services provides consultation and filings related to tax-deferred 1031 exchanges within IRAs when UBIT from the sale of the asset occurs. This strategy has historically remained relatively unknown in the IRA industry, and has not been fully utilized by IRA investors. UBIT may be deferred or, in the case of the asset being debt free for the year, completely eliminated.

Other Services

We provide the following additional services:

  • Retirement planning
  • Retirement forecasting
  • Accounting services
  • Cash flow analysis
  • IRS representation

Savvy Investments Require Savvy Tax Professionals

 

If you're ready to get started, please feel free to call us at 303-604-6466.

You can also write us by visiting the Contact Us page.

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