Posts Tagged ‘loan’

Making a Loan to Your Company is Complicated

Making a Loan to Your Company is Complicated

  • Agency News

Loan or Capital Contribution   Have you given a loan to your company as a business owner? Is that transaction recorded as a liability payable back to you? If you answered “yes” to these questions, you may be at risk for the IRS ruling that your business decision will be reclassified…

Retirement Plan Loans and Interest Rates

Retirement Plan Loans and Interest Rates

  • In the News

Retirement Plan Loans – Do you Offer them? Be sure to set a reasonable interest rate Like many businesses, yours may allow retirement plan participants to take out loans from their accounts. Such loans are governed by many IRS and Department of Labor (DOL) rules and regulations. So if your…