What You Should Know About the GAO? Hint, its Alot
Sy Goldberg, CPA, MBA, JD | November 16th, 2008
In August 2008 the General Accounting Office (GAO) issued a Report to the Committee on Finance, U.S. Senate regarding Individual Retirement Account compliance issues.
The GAO Report is in excess of 50 pages and discusses the complexities of complying with the Individual Retirement Account (IRA) tax rules. I will help you understand just what this means for you.