Course Details

Self-Directed IRAs Under IRS Scrutiny: Successfully Clearing The Legal And Tax Minefield

Webinar: ID# 1015086
Recorded CD or On-Demand
About This Course:
Reacting to the steadily increasing popularity of self-directed IRAs (SDIRAs), the IRS announced changes to Forms 5498 and 1099-R to increase disclosure of these retirement accounts. In modifying the forms, the IRS indicated it would more aggressively scrutinize valuation of the assets placed in these accounts to ensure taxpayers are paying appropriate tax on the accounts.

The IRS also noted that, due to the nature of custodians’ roles in holding the accounts, taxpayers are often unaware of the restrictions particular to SDIRAs. As a result, tax advisors often only become aware of potential negative tax implications of transactions within the account after they have occurred.

Unlike securities held in traditional custodial retirement accounts, most assets placed in SDIRAs often do not have a fixed, ascertainable market value. This creates a host of legal and tax issues, which professional advisors need to be aware of before their clients encounter problems. For example, the characteristics of SDIRA assets often lead to legal and tax issues, such as the IRA owing current tax on investments (i.e., unrelated business taxable income (UBTI) or unrelated debt-financed income (UDFI)), significant risk of “prohibited transactions”, which can completely invalidate the tax-exempt status of the SDIRA, and/or required minimum distribution (RMD) problems.

Listen as our experienced panel details the complexities specific to SDIRAs and provides practical guidance on how to advise taxpayers to maximize the tax advantages of these accounts.

  • SDIRAs—structures and eligible assets
  • Valuation requirements and 2015 IRS revisions to Form 5498
  • Real estate, close-held companies and potential for self-dealing
  • UBTI and UDFI rules
  • Potential for current filing and payment requirements

The panel will answer these and other questions:
  • What are the valuation requirements and concerns surrounding non-traditional assets to an SDIRA?
  • What impact does debt encumbrance or other types of income have on current taxability of SDIRAs?
  • What actions and transactions constitute self-dealing or other prohibited transactions?
Learning Objectives

After completing this course, you will understand the regulations specific to SDIRAs, and have practical tools and illustrations to advise clients on how to avoid, or remedy, potential negative tax implications arising from transactions with an SDIRA.

Credits Available

This program has been approved for 2.0 CPE hours through Strafford Publications. CPE Credit is available only for the LIVE webcast. Recorded versions do not qualify for credit.

Strafford is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.


To obtain CPE credit, attendees must participate in the live event, return an Official Record of Attendance to Strafford affirming their participation (including the CPE code announced during the program), and pay a processing fee of $35 per person.

Credit Confirmation

Strafford will mail a certificate of credit within approximately 2 weeks of receiving an attendee's completed Official Record of Attendance—provided all required conditions have been satisfied.


Handout materials and the phone number for live presentations are made available to you 1 day prior to the event via email from the presenter. Copies of the presentations are included with recorded versions.

If you order a recorded version of the webinar, CD's will be mailed out approximately 10 days after the live event. Shipping is included in the price of recorded versions.

Self-Directed IRAs Under IRS Scrutiny: Successfully Clearing The Legal And Tax Minefield
or via CD or On-Demand
Course Details
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