Taxman cometh: Changes taking effect in 2015

There are many important tax changes taking effect in 2015. They are the result of the Tax Increase Prevention Act of 2014 as well as other tax legislation and inflation-indexed changes. Below are highlights of key tax changes that primarily affect individuals and businesses for the current year.One-IRA-rollover-per-year rule. An individual receiving an IRA distribution on or after Jan. 1, 2015, cannot roll over any portion of the distribution into an IRA if the individual has received a distri