BigLaw tax chief loses personal IRA case; rollovers for all taxpayers now limited to one per year
By EsqSocial Corporation 12/05/14
For years, an Internal Revenue Service rule allowed taxpayers to withdraw assets from a regular or Roth individual retirement account without penalty, so long as the assets were redeposited within 60 days and no more than one such withdrawal from each IRA was made every 12 months. But a tax…