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Moving business shares out of an IRA A couple who bought a franchise business using money from their self-directed IRA was advised to pull the business out of the account as the rising value of the business means the couple will face a big tax bill in the future, according to this article on The Wall Street Journal. Mitch Reiner, an expert with Atlanta-based Capital Investment Advisors, advised the couple to buy the shares back from their IRA and change the company's ownership from a C-Corporation into an individual S-Corporation. “Because the upside of the equity value was so great, we wanted to get it outside the qualified plan so that the gains of the business would be taxed eventually at capital gains rates.”   --The Wall Street Journal

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