Burlington, IL Weather. The average temperature of Burlington is 47.92Â°F, which is lower than the Illinois average temperature of 51.37Â°F and is much lower than the national average temperature of 54.45Â°F. Historical Weather.
Transactions of Interest. A transaction of interest is a transaction that is the same as or substantially similar to one of the types of transactions that the IRS has identified by notice, regulation, or other form of published guidance as a transaction of interest. It is a transaction that the IRS and Treasury Department believe has a potential for tax avoidance or evasion, but for which there is not enough information to determine if the transaction should be identified as a tax avoidance transaction.
Fiduciary prohibited transactions appear to be the most common type of prohibited transaction in the self-directed IRA context. The IRA owner is a fiduciary to a self-directed IRA and cannot use the IRA funds to directly or indirectly benefit himself.Prohibited transactionsâ are any direct or indirect: 1  sale or exchange, or leasing, of any property between a plan and a disqualified person; 2  lending of money or other extension of credit between a plan and a disqualified person; 3  furnishing of goods, services, or facilities between a plan and a disqualified person;