Compliance Services
Compliance Services for SDRA™ Businesses
The SDRACompliance Review Service™. Avoiding prohibited transactions in the continuing operation of a business with SDRA investors can be challenging. An unwitting violation of the applicable special tax and Department of Labor rules can result in disqualification of retirement accounts from their favorable tax treatment unless it is corrected within specific statutory and regulatory time periods. The Compliance Review Service is designed to identify potential disqualifying transactions during the operation of a venture so you can take measures to correct them. The service includes monthly or quarterly reviews of key information needed to identify potential compliance issues and alerts when compliance issues are identified.
The SDRACompliance Action Service™. The SDRACompliance Action Service™ is the essential companion to the SDRA Compliance Review Service™. If you are alerted to compliance issues, immediate action is often necessary in order to avoid SDRA investor tax disqualification or the imposition of excise taxes on your company. We will help you design and implement a course of action to restore your company to compliance or minimize the negative effects of a compliance violation.