30 Nov Our primary home became a rental. What taxes will we owe when we sell?
Taxes owed on a home sale will depend on the history of your ownership....
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30 Nov Will we lose unused day care funds in our flex spending account?
Strategies for "use it or lose it" plans were upended because of the corornavirus pandemic. ...
27 Nov My aunt’s estate is getting 9/11 fund check. Are taxes owed?
An estate tax return is usually due eight months after a person's death....
27 Nov Can creditors take an account I open for my grandchild?
It depends on how you set up the account and if the creditor finds out. ...
26 Nov Are there fee-only advisors who do not manage assets?
You can find a financial planner who gives advice only and doesn't sell products. ...
26 Nov Can I reduce capital gains tax on a depreciated rental property?
There is a way to delay paying taxes on a rental home sale. ...
25 Nov What’s the truth about penalties and taxes for a 401(k) withdrawal?
You may be able to avoid penalties for a coronavirus-related distribution. ...
25 Nov Will this pension be tax-free with a move to N.J.?
If you have income of less than $100,000, it may be free of tax. ...