10 Nov We have jobs. Can we take from our 401(k) plans without penalty?
The CARES Act gives some investors the opportunity to withdraw funds without penalty. ...
Taxes
10 Nov Are trust distributions really taxed at 37%?
The terms of the trust will determine how and when funds are paid to beneficiaries. ...
09 Nov How long do I have to keep birth certificates, tax returns?
There are good reasons to hold onto important documents. ...
09 Nov We’re separated. Should we still file our tax returns together?
There can be good reasons to file separate tax returns if you're no longer together. ...
06 Nov If I sell my home and rent instead, do I pay taxes on the profit?
You may not have to pay any tax, depending on the details. ...
05 Nov I lost my job but not from COVID. Will I pay a 401(k) penalty?
The CARES Act waived penalties for early retirement withdrawals. ...
05 Nov Can I claim home office expenses because of COVID-19?
Because of the pandemic, more employees than ever are working from home. ...
03 Nov We’re separated. What happens if I take money from my 401(k)?
New Jersey considers all assets and debts before you get a divorce. ...