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IRS "Strikes Gold" by Targeting IRA Owners Investing in Coins
Day Pitney attorneys Andrew M. Nerney and Anna Rothfus Merin co-authored the article, "IRS "Strikes Gold" by Targeting IRA Owners Investing in Coins," published by WealthMangement.com. In the article, they discuss how the Tax Court recently held that the conversion of qualified retirement plan assets to gold and silver coins resulted in a taxable distribution after the owner stored such coins in her home.
Read the full article here.