Latest news with #IRS-approved
Malaysian Reserve
2 days ago
- Business
- Malaysian Reserve
New Equity Solo 401(k) Integrated Platform Simplifies DIY Retirement Investing
WESTLAKE, Ohio, June 10, 2025 /PRNewswire/ — Equity Trust Company, a leading financial services company with over 50 years of experience in the self-directed retirement space, announces the launch of the Equity Solo 401(k)—a comprehensive retirement solution designed for self-employed individuals and solopreneurs. This new offering, facilitated by its affiliate Equity Specialty Services, empowers investors to open, manage, and control their Solo 401(k) with unmatched speed, flexibility, and confidence. Developed in collaboration with a leading industry software provider, the Equity Solo 401(k) simplifies and enhances the way self-employed individuals manage their retirement savings. From lightning-fast plan setup and IRS-compliant recordkeeping to direct fund access and real-time Roth conversions, the platform puts the plan holder in the driver's seat. 'While the Solo 401(k) provides many advantages for small business owners, managing the account has largely been a burdensome process,' said George Sullivan, CEO of Equity Trust Company. 'The Equity Solo 401(k) empowers solopreneurs to manage their retirement investments like never before—on their terms, with the flexibility and tools they need to succeed.' Built for Self-Employed Success The Equity Solo 401(k) addresses the unique needs of self-employed investors, offering advantages such as: Fast, online onboarding – Plan setup in minutes with instant IRS-approved document generation Integrated fund control – Direct access to plan funds for faster, more convenient investing State-of-the-art online management – Intuitive tools and automated recordkeeping for compliance peace of mind Expanded contribution options – Traditional, Roth, and after-tax components all in one integrated account Diverse investment capabilities – Enables investing in both traditional and alternative assets Discover how the Equity Solo 401(k) is reshaping retirement planning for solopreneurs – visit Media Contact: Jesse BrileySenior Manager, Marketing EngagementEquity Trust About Equity Trust Company Equity Trust Company is a financial services company that enables individual investors and financial professionals to diversify investment portfolios using alternative asset classes such as real estate, private equity, cryptocurrency, and precious metals. With $70 billion in assets under custody and administration as of May 31, 2025, Equity Trust supports clients nationwide with education, service, and technology to help them build wealth through self-directed investing. Equity Specialty Services, LLC ('ESS'), an affiliate of Equity Trust Company, is a services company which offers services such as acting as a Solo 401(k) solution provider, offering document preparation and referral loan services and other services to assist an investor with his/her investments. ESS has partnered with SEPira(k), a third-party platform provider, to offer investors the Equity Solo 401(k) solution to establish and manage your Solo 401(k). By combining SEPira(k)'s technology platform with ESS's customer support, investors will have the tools to manage their Solo 401(k) seamlessly. ESS does not offer investment, tax, or legal advice, and no services offered by us should be considered to replace the need for qualified investment, tax, and legal professionals. Please consult your legal or financial advisor before making any financial decisions. SS may receive or give referral fees from third-party vendors for services it offers to investors.
Yahoo
2 days ago
- Business
- Yahoo
New Equity Solo 401(k) Integrated Platform Simplifies DIY Retirement Investing
WESTLAKE, Ohio, June 10, 2025 /PRNewswire/ -- Equity Trust Company, a leading financial services company with over 50 years of experience in the self-directed retirement space, announces the launch of the Equity Solo 401(k)—a comprehensive retirement solution designed for self-employed individuals and solopreneurs. This new offering, facilitated by its affiliate Equity Specialty Services, empowers investors to open, manage, and control their Solo 401(k) with unmatched speed, flexibility, and confidence. Developed in collaboration with a leading industry software provider, the Equity Solo 401(k) simplifies and enhances the way self-employed individuals manage their retirement savings. From lightning-fast plan setup and IRS-compliant recordkeeping to direct fund access and real-time Roth conversions, the platform puts the plan holder in the driver's seat. "While the Solo 401(k) provides many advantages for small business owners, managing the account has largely been a burdensome process," said George Sullivan, CEO of Equity Trust Company. "The Equity Solo 401(k) empowers solopreneurs to manage their retirement investments like never before—on their terms, with the flexibility and tools they need to succeed." Built for Self-Employed Success The Equity Solo 401(k) addresses the unique needs of self-employed investors, offering advantages such as: Fast, online onboarding – Plan setup in minutes with instant IRS-approved document generation Integrated fund control – Direct access to plan funds for faster, more convenient investing State-of-the-art online management – Intuitive tools and automated recordkeeping for compliance peace of mind Expanded contribution options – Traditional, Roth, and after-tax components all in one integrated account Diverse investment capabilities – Enables investing in both traditional and alternative assets Discover how the Equity Solo 401(k) is reshaping retirement planning for solopreneurs – visit Media Contact: Jesse BrileySenior Manager, Marketing EngagementEquity Trust About Equity Trust Company Equity Trust Company is a financial services company that enables individual investors and financial professionals to diversify investment portfolios using alternative asset classes such as real estate, private equity, cryptocurrency, and precious metals. With $70 billion in assets under custody and administration as of May 31, 2025, Equity Trust supports clients nationwide with education, service, and technology to help them build wealth through self-directed investing. Equity Specialty Services, LLC ("ESS"), an affiliate of Equity Trust Company, is a services company which offers services such as acting as a Solo 401(k) solution provider, offering document preparation and referral loan services and other services to assist an investor with his/her investments. ESS has partnered with SEPira(k), a third-party platform provider, to offer investors the Equity Solo 401(k) solution to establish and manage your Solo 401(k). By combining SEPira(k)'s technology platform with ESS's customer support, investors will have the tools to manage their Solo 401(k) seamlessly. ESS does not offer investment, tax, or legal advice, and no services offered by us should be considered to replace the need for qualified investment, tax, and legal professionals. Please consult your legal or financial advisor before making any financial decisions. SS may receive or give referral fees from third-party vendors for services it offers to investors. View original content to download multimedia: SOURCE Equity Trust Company Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Associated Press
09-04-2025
- Business
- Associated Press
Owe Taxes But Can't Pay? Clear Start Tax Shares How to Reduce or Even Eliminate What You Owe
Clear Start Tax Explains How Taxpayers Can Reduce IRS Debt Through Structured Relief Programs IRVINE, CALIFORNIA / ACCESS Newswire / April 9, 2025 / If you owe taxes and can't afford to pay, you're not alone-and more importantly, you're not out of options. Clear Start Tax, a leading tax resolution firm, is helping Americans understand how to reduce or even eliminate tax debt by using IRS-approved relief programs. Tax debt can feel overwhelming, especially when penalties and interest begin to stack up. But with the right strategy-and the right guidance-many taxpayers can avoid collections and settle their debt for significantly less than the original amount. Through tools like Offer inCompromise, Installment Agreements, and Hardship Relief, Clear Start Tax has helped thousands of clients move forward with confidence and peace of mind. How Taxpayers Are Settling for Less Than What They Owe When a taxpayer can't afford to pay their full IRS bill, the IRS offers structured programs based on their ability to pay-not just what they owe. According to Clear Start Tax, the most effective options include: 'Most taxpayers are unaware that the IRS allows for settlements based on financial hardship,' said the Head of Client Solutions at Clear Start Tax. 'Our role is to help clients understand what they truly qualify for-and guide them through a process that can significantly reduce what they owe.' Why Ignoring the IRS Can Cost You More One of the most common misconceptions is that if you can't pay, you shouldn't file. The longer tax debt is left unaddressed, the more it grows. Interest compounds daily. Penalties stack up. And enforcement-like wage garnishments or levies-can begin with little warning. For many, waiting makes the situation worse, not better. 'Filing your return, even if you can't pay in full, is a responsible first step,' said the Head of Client Solutions at Clear Start Tax. 'It keeps you compliant, avoids harsher penalties, and opens the door to relief options that simply aren't available to non-filers.' IRS Relief Options That May Significantly Cut What You Owe The IRS offers several relief programs specifically for taxpayers who can't afford to pay their full balance. These programs aren't widely understood-but they're real, and they're designed to provide meaningful relief for those in financial hardship. Clear Start Tax helps eligible clients access IRS-approved options that may allow them to: Each case is different, which is why Clear Start Tax conducts a detailed financial review and handles all communication with the IRS. From preparing the necessary forms to presenting a strong case for relief, their team ensures that clients don't have to face the IRS alone. 'Every tax situation is different, but the IRS does offer real, structured solutions-and we know how to apply them effectively,' said the Head of Client Solutions at Clear Start Tax. 'Our role is to simplify a complex process and help clients resolve their debt with clarity, confidence, and the right strategy.' About Clear Start Tax Clear Start Tax is a full-service tax liability resolution firm that serves taxpayers throughout the United States. The company specializes in assisting individuals and businesses with a wide range of IRS and state tax issues, including back taxes, wage garnishment relief, IRS appeals, and offers in compromise. Clear Start Tax helps taxpayers apply for the IRS Fresh Start Program, providing expert guidance in tax resolution. Fully accredited and A+ rated by the Better Business Bureau, the firm's unique approach and commitment to long-term client success distinguish it as a leader in the tax resolution industry. (949) 535-1627
Associated Press
17-02-2025
- Business
- Associated Press
Clear Start Tax Reduced $18,000 in Back Taxes to $25 With This IRS-Approved Program
Expert Negotiation Turns Overwhelming Tax Debt Into Life-Changing Resolution IRVINE, CA / ACCESS Newswire / February 17, 2025 / When William King found himself drowning in $18,000 of federal tax debt, he feared he had no way out. But thanks to a powerful IRS-approved program used by Clear Start Tax, his overwhelming debt was reduced to just $25-giving him a fresh financial Start Tax Reduced $18,000 in Back Taxes to $25 with This IRS-Approved Program 'When I first reached out to Clear Start Tax, I was drowning in unresolved tax debt,' Mr. King shared. 'Their team guided me with respect, professionalism, and unmatched expertise. Thanks to them, I can finally breathe easy.' The IRS Program That Saved William Thousands Clear Start Tax specializes in crafting tailored tax relief solutions for clients across the U.S. In Mr. King's case, the team leveraged the IRS Offer in Compromise (OIC) program, successfully negotiating a settlement that eliminated the majority of his tax debt. This result showcases the firm's expertise in turning complex IRS challenges into life-changing financial wins. A Fresh Financial Start Through Personalized Solutions When Mr. King sought help, he had no clear solution for his growing tax burden. The Clear Start Tax team conducted a thorough financial analysis, identifying the best approach to reduce his debt. By utilizing their deep understanding of IRS procedures, they secured a remarkable settlement that cut his tax bill to nearly nothing. Key highlights of Clear Start Tax's approach include: Comprehensive financial analysis tailored to each client's unique situation. Strategic negotiation using IRS programs, including the Offer in Compromise (OIC). Personalized support and guidance throughout every step of the process. 'They treated me with respect and courtesy throughout the entire process,' Mr. King noted. 'What surprised me the most was how thorough and professional they were in guiding me through everything.' Transforming Tax Challenges into Financial Freedom Thanks to Clear Start Tax, Mr. King is now free from the weight of his tax debt and can focus on rebuilding his financial future. His story is a testament to Clear Start Tax's mission to help taxpayers overcome financial hardships and regain control of their lives. 'The outcome exceeded my expectations,' Mr. King added. 'Right now, I'm in a better place because they secured this settlement for me.' Expert Insights on Tax Debt Resolution Clear Start Tax has helped countless clients slash their IRS debt, halt collections, and negotiate favorable settlements. From Offer in Compromise agreements to installment plans and penalty abatements, the firm tailors solutions to each client's specific needs. 'Our approach is rooted in understanding each client's financial situation,' said the Head of Client Solutions at Clear Start Tax. 'William's story is proof that with the right guidance, no tax debt is insurmountable. We're proud to help clients like him achieve financial freedom and peace of mind.' Client Success Stories That Inspire Clear Start Tax has earned a reputation for delivering exceptional results, having helped clients across the country regain control of their financial futures. By combining personalized service with deep expertise, Clear Start Tax consistently turns daunting tax problems into manageable solutions. 'I thank Clear Start Tax for helping me get through this and settle my problem. I would certainly recommend them to anyone dealing with tax issues.' Said Mr King. About Clear Start Tax Clear Start Tax is a full-service tax liability resolution firm that serves taxpayers throughout the United States. The company specializes in assisting individuals and businesses with a wide range of IRS and state tax issues, including back taxes, wage garnishment relief, IRS appeals, and offers in compromise. Clear Start Tax helps taxpayers apply for the IRS Fresh Start Program, providing expert guidance in tax resolution. Fully accredited and A+ rated by the Better Business Bureau, the firm's unique approach and commitment to long-term client success distinguish it as a leader in the tax resolution industry. Need Help With Back Taxes? Click the link below: Testimonials Disclaimer All estimates and statements regarding program performance are based on historical client outcomes. Results for each individual may vary depending on their specific tax situation, financial status, and the timely and accurate submission of information. Among Clear Start Tax clients who enroll in tax resolution services, approximately 30% qualify for an Offer in Compromise (OIC), 40% qualify for Installment Agreements (IA) or Partial Payment Installment Agreements (PPIA), 15% qualify for Installment Agreements (IA) with Penalty Abatement, and 15% are placed in Currently Not Collectible (CNC) status. We do not guarantee that your tax debt will be reduced by a specific amount or percentage, or that your taxes will be paid off within a certain time frame. Interest and penalties will continue to accrue until your tax liability is resolved in full. Testimonials provided by Clear Start Tax clients reflect their individual experiences and are based on their specific circumstances. Compensation may have been provided for their honest feedback. These are individual results, which will vary depending on the situation. No testimonial should be considered a promise, guarantee, or prediction of the outcome of your case. Contact Information
