IRA Tax Services is a leading provider of Tax planning services, UBIT analysis and tax preparation for tax-advantaged accounts generating Unrelated Business Taxable Income (UBTI). Retirement plans including, IRAs (both Traditional and Roth), SEP-IRAs, SIMPLE IRAs, 401(k)s, and other qualified plans may all owe UBIT, so don’t hesitate to reach out to us with questions.
Specialization in SDIRA and Solo 401k tax services
Lowest fees among SDIRA tax specialists
Expertise in UBIT analysis and penalty mitigation
Services
Tax Planning
Helps estimate tax impact of investments and educates on UBIT taxes for Self-Directed IRAs.
Estimate tax impactEducate on UBITAvoid costly mistakes
UBIT Analysis
Provides expert evaluation of when to file UBIT returns and how to lock in losses.
Courtesy consultationsTax impact reportsDeep insight on UBIT issues
Tax Filing
Prepares 990-T, state UBIT returns, 5500-EZ, and other forms for SDIRAs and Solo 401ks.
Form 990-T preparationState UBIT returns5500-EZ filingPast-due return assistance
IRA Tax Penalty Relief
Assists in reducing or eliminating IRS penalties for past-due IRA tax filings.
UBIT (Unrelated Business Taxable Income) is income generated by a tax-advantaged account from a trade or business that is not substantially related to the plan’s purposes. It can create tax liabilities for IRAs, so understanding and managing UBIT is crucial.
How do I know if I need to file a 990-T for my Self-Directed IRA? +
If your IRA generates UBIT from rental real estate, syndication deals, or other business activities, a 990-T may be required. IRA Tax Services can perform a courtesy review to determine filing necessity.
What happens if I miss a tax filing deadline for my IRA? +
Missing deadlines can result in penalties and interest. IRA Tax Services offers penalty mitigation strategies and can help file past-due returns to get you back on track.
