An Interesting Pro-Taxpayer Decision Against IRS

02/24/2017

The Sixth Circuit recently ruled that Roth IRAs that purchase shares of a Domestic International Sales Corporation (DISC) and have dividends returned to it cannot have those transactions recharacterized as excess contributions by the IRS. This is a significant win for taxpayers. Read more about this case from OMA Connections Partner, MCM CPAs & Advisors.  2/22/2017

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