Benetrends Blog

SBA Annual Lending Cap Increased by Congress - Shutdown Crisis Over

[fa icon="calendar'] Aug 13, 2015 12:00:00 AM / by Benetrends posted in governmental regulations, Small Business Loans, small business funding, sba

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A big sigh of relief is in order for entrepreneurs now that the SBA Shutdown Crisis of 2015 is over and lending can resume for the SBA’s flagship 7(a) program. As of July 27, 2015, Congress has officially raised the lending cap for the program by $4.75 Billion, to $23.5 Billion. This follows a suspension on July 22 when the SBA announced it reached its 2015 Loan Guarantee Program limit of $18.75 billion two months short of the governments fiscal year end (September 30).

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ROBS are NOT Self-Directed IRAs: Why its Important to Know the Difference

[fa icon="calendar'] Jun 30, 2015 12:00:00 AM / by Benetrends posted in ROBS Strategy, governmental regulations, small business funding, 401k rollover funding

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There is little wonder why some small business owners are concerned when reading headlines such as: Unfortunately, the articles are misleading and are causing undue fear and concern, often where none is warranted. The articles are addressing two Tax Court cases (Peek and Ellis) that deal with the misuse of Self Directed IRA’s and do not pertain to “Rollover as Business Startups” (ROBS) arrangements. Benetrends’ founder and Chairman Len Fischer, the architect of ROBS arrangements, states, “The rules are very different for self-directed IRAs. The ROBS community is not affected by (the) court decision(s).”

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How will the Government Shutdown Affect SBA Loans?

[fa icon="calendar'] Dec 26, 2014 12:00:00 AM / by Benetrends posted in governmental regulations, Small Business Loans, small business funding, sba

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How Will The Government Shutdown Affect SBA Loans?



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Small Business Tax Credit

[fa icon="calendar'] Jan 12, 2014 12:00:00 AM / by Benetrends posted in governmental regulations, Taxes

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Summary of the Family and Business Tax Cut Certainty Act of 2012


Businesses can enjoy a variety of tax credits. On August 2, Congress passed the Family and Business Tax Cut Certainty Act which extended some of the existing tax credits for small businesses. Listed below are some of the often-overlooked credits that may come in handy for reducing your tax liability:

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Recent Self Directed IRA Tax Court Case Peek Vs. Commissioner, 140 T.C. No. 12 (May 9, 2013)

[fa icon="calendar'] Jan 12, 2014 12:00:00 AM / by Benetrends posted in governmental regulations, small business funding

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IRA prohibited transaction in self-directed IRA issue is significantly different than the Benetrends ROBS qualified plans.

This case emphasizes the importance of using experienced professionals to assure that the process is compliant.

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Ensuring Status as an Employee

[fa icon="calendar'] Jan 12, 2014 12:00:00 AM / by Benetrends posted in governmental regulations, Plan Services, profit sharing plan

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It is very important to be properly considered an employee for qualified retirement plan purposes. Following are some helpful tips on this topic:

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