01 Jan Can a dead person’s ANCHOR be reissued in heirs’ names?
The most recent ANCHOR benefit is for the 2021 tax year. ...
Taxes
31 Dec The state doesn’t answer our calls. Can you explain the pension exclusion?
You may be able to escape state income taxes if you qualify....
30 Dec Do I lose ANCHOR and other benefits with a house in a trust?
The specifics of the trust matter so it's worth meeting with a professional....
26 Dec How can I maximize my kids’ inheritance from these IRAs?
There are strategies to use, but the IRS will want its part eventually. ...
25 Dec I own a home with a partner. Do we both full ANCHOR benefits?
The ANCHOR benefit pays up to $1,750 to homeowners and $700 for renters. ...
24 Dec Can I save on taxes when I sell my second home?
It depends on whether you ever rented out the home. ...
23 Dec How much can I gift my kids for the holidays?
You can give as much as you want, but you may have to report it to the IRS....
19 Dec How much will I owe in state tax on this inherited IRA?
If it's not a Roth, the government will want its tax bite....