In the United States District Court Case of Purciello vs. Internal Revenue Service,(U.S. DC., Third Circuit, 35-7-2457, Dec. 9, 2013) the Honorable Dennis M. Cavanaugh granted plaintiffs’ motion pursuant to 26 U.S.C. 7430 for... Continue Reading
In the Eastern District of Pennsylvania Case of Perelman vs. Perelman, PICS Case No. 14-0132 (E.D. PA., February 18, 2014), the Honorable John R. Padova granted the Defendant’s Motion for Summary Judgment on Plaintiffs’... Continue Reading
Recently, Morningstar published an article that was meant to help people work around the five most common retirement distribution pitfalls. They are described below: 1. Having a fixed withdrawal rate. Although the 4% rule is a... Continue Reading
Do I have to pay taxes on dividends received in my Roth IRA? Nope. Whatever you invest in a Roth IRA grows free of taxes on capital gains and dividends. Your ultimate withdrawals will not be taxed, either-if you follow the... Continue Reading
Beginning July 1, 2013, the transfer at death of certain family owned business interests will be protected from the Pennsylvania inheritance tax. While the Pennsylvania inheritance tax is not nearly as burdensome as the federal... Continue Reading