ROBS (Rollovers as Business Start-ups) have been around for over three decades and are a popular funding strategy for entrepreneurs looking to start a new business/franchise or expand an existing one. A ROBS plan allows entrepreneurs to purchase a business utilizing their retirement funds tax-deferred and penalty-free. Quite often, clients wanting to utilize this strategy find their CPA or accountant is not familiar with it or has some concerns regarding compliance requirements and/or the legality of the structure. In this session, attendees will learn everything they need to know about ROBS plans, including the do’s and don’ts, in order to enhance their tax expertise and better support clients looking to utilize this type of funding arrangement.

Learning Objectives:

• Identify what tax professionals need to know about rollover financing and using retirement funds to buy a business


• Justify the do’s and don’ts of ROBS plans


• Summarize and debunk common CPA myths about ROBS


• Recall how to navigate the ROBS strategy