Elliott Davis Decosimo Personal Financial Services Articles

IRA Rollovers Becoming Less Friendly for Taxpayers

September 22, 2014

Due to a controversial tax ruling made earlier this year by the U.S. Tax Court, IRA rollovers will be much less friendly for taxpayers going forward. In Bobrow v. Commissioner, the court ruled that the one-rollover-per-year rule applies...

Tax Alert: Final ACA Play or Pay Regulations Defer Penalty Risk

March 26, 2014

Final ACA “play or pay” regulations defer penalty risk for midsize employers, offer other 2015 relief The IRS has released its long-awaited final regulations implementing the Affordable Care Act’s (ACA’s) employer shared-responsibility — also known as “play or pay” —...