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
An Interesting Pro-Taxpayer Decision Against IRS
02/24/2017