A Roth IRA is a powerful, tax-advantaged retirement plan that can save you a lot of money. So is a Foreign Sales Corporation (FSC).
In my new article, I’ll show you how to put a tax-advantaged FSC inside a tax-advantaged Roth IRA. The result? More money in your pocket!
If you want to find out how to turbo charge your retirement plan, I urge you to check out my new article titled Tax Tips: Roth IRA Owns Foreign Sales Corporation.
Three ways our fact-filled article can help you:
- We’ll tell you how Michael Ohsman’s Roth IRA produced tax-free earnings of $635,000 and $789,559. Michael Ohsman owned 100% of a C corporation that was in the hide-trading business. He also established a Roth IRA. How did he manage to save so much money on his tax bill? We’ll provide the answer when you read the full article.
- We’ll explain the IRS’s objection and how Ohsman won in court. The IRS argued that the FSC transactions improperly shifted value into the Roth IRA and that these were excess contributions subject to the 6% excise tax penalty. We’ll tell you why Ohsman won his legal battle when you read the full article.
- We’ll explain what the court’s decision means to you. It means a lot. For example, a properly structured self-directed IRA can own a corporation. And that’s just for starters. We’ve got more information waiting for you when you read the full article.