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Tax Court Affirms Excise Tax On Family's Roth IRA Payments

By Vidya Kauri ( March 5, 2018, 9:22 PM EST) -- Members of a family business that sells a patented product for mixing chemicals have to pay excise taxes on their Roth IRA contributions after the U.S. Tax Court ruled on Monday that they had exceeded their limits by trying to channel their income through a Bermuda-based corporation....

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