LRS 
The ROBS transaction and Personal Guarantees
A recent IRS tax court decision issued on May 9, 2013, re-affirms the importance of meeting all legal requirements related to the investment of …
Fidelity Bond: What you need to know
The Fidelity Bond requirement detailed in ERISA Section 412 is a form of insurance intended to protect a plan and its participants from risk of loss due to fraud or dishonesty by persons who handle plan funds or other plan assets.
IRS Releases 403(b) Plan Compliance Checklist
October 2012, the IRS has released its first ever 403(b) Plan Compliance Checklist. The release of a retirement plan compliance checklist for 403(b) Plans is an exciting enhancement helping nonprofit organizations.
What plan violations does RPG most often identify as a result of the ROBS Audit?
The list of “obvious” violations is long. In a large number of cases, individuals who purchase a ROBS transaction unintentionally self-deal with their retirement …
How Does the ROBS Transaction Work?
The ROBS transaction is designed to allow business owners and entrepreneurs to use pre-tax retirement assets to fund a new or existing business without paying taxes on the retirement assets, normally assessed under IRC § 72(t).