Recent Tax Court Case Ruling on IRA Prohibited Transaction Could Have...

Tax Court ruling in Peek Vs. Commissioner highlights the benefits of using the "roll over as business start-up" strategy for using IRA funds to buy a business By using a ROBS strategy instead of IRA funds to purchase the business, the taxpayers could have avoided the IRS prohibited transaction rules The recent U.S. Tax Court case Peek v.



http://www.prweb.com/releases/peek-case-robs-IRA/business-rollover-4975/prweb10854527.htm