In this continuation of The Preferred Way’s two-part series on Audits, Recordkeeping & Reporting, CEO Carrie Cook dives deeper into what happens after an audit begins — including fair market valuations, UBIT/UDFI taxes, custodian recordkeeping responsibilities, and the true meaning of “transparency” in financial services.

You’ll discover:
✅ Why accurate tax reporting and fair market valuations protect your IRA
✅ Which documents custodians must keep — and which are your responsibility
✅ What makes a “good custodian” truly great (hint: transparency and training)
✅ How Preferred Trust ensures client security and compliance in every transaction

Ready to take control of your retirement?
Open a Self-Directed IRA today at PreferredTrustCompany.com