Site search

Court Allows IRA
Owner to Claim
Unreported Basis
Custodian’s Mistake
Results in Two Extra
72(t) Payments
Guest IRA Expert
Marty James,

Taxpayer retired doctor makes some consulting income each year. Can he open a SEP-IRA and make a contribution? then can...

For some time now, the cost of a college degree has been rising at perilously high rates, and as a result, the dream of one day going to college, for many, remains just that ... a dream. With college tuition and associated costs rising so dramatically, it’s no surprise that people are looking for new and creative ways to save for these expenses. One such alternative method involves the use of a Roth IRA over more traditional college savings vehicles, such as 529 plans and Coverdell education savings account. Here are three reasons why it may be a good move.

Client’s brokerage account manager sold fund shares in late December in a taxable account. The fund had distributed large capital...

Taxpayer contributed $1,000 in January 2014 to their Roth IRA for tax year 2013. Turns out the contribution was an...

This is not about an IRA but I don’t know who else to ask? Client bought a stock AMR couple...

This week's Slott Report Mailbag looks at whether required minimum distributions can be used as a qualification for a Roth IRA contribution and dissects a situation involving the Roth recharacterization process.

Case: Married man has $175k in an IRA invested in some kind of diversified hedge funds who in turn invest...

We have open and funded an ILIT with our son as ILIT Trustee. The $1M life insurance is a 2nd-to-die...

I have a traditional IRA for several years now. The Traditional IRA has $80K in it, of which $26K is...