Tax Court Unlikely To Be Swayed By 1st Circ. IRA Ruling

By Vidya Kauri (April 12, 2018, 6:36 PM EDT) -- The U.S. Tax Court and the First Circuit recently reached opposite conclusions in two similar cases on the taxability of individual retirement account contributions, but the Tax Court may be hard-pressed to follow the appellate court's more taxpayer-friendly decision if it means weakening an important tool for the Internal Revenue Service to enforce tax laws....

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