It's a shame when promoters turn a legitimate retirement savings vehicle into an abusive tax shelter, but that's what has happened with Roth IRAs. Now the Internal Revenue Service has reacted. With Notice 2004-8,1 the Service in January announced that certain transactions involving Roth IRAs will be treated as “listed transactions” (also known as tax shelters) under Internal Revenue Code 6011, and that the IRS intends to attack them on several fronts.
All access premium subscription
Please Log in if you are currently a Trusts & Estates subscriber.
If you are interested in becoming a subscriber with unlimited article access, please select Subscription Options below.
Questions about your account or how to access content?
Contact: [email protected]
0 comments
Hide comments
