With the backdoor Roth IRA strategy, you move nondeductible contributions from a traditional IRA to a Roth IRA and thereby benefit from potential tax-free growth and qualified tax-free withdrawals ...

In 2014, a tax attorney learned the hard way that even the IRS can issue guidance that conflicts with the law. In Bobrow v. Commissioner (T.C. Memo. 2014-21), the US Tax Court ruled that only one ...