09 Feb How do we pay inheritance tax on this inherited IRA?
The state sets inheritance tax rates based on the deceased's relationship to the heir....
Taxes
09 Feb How can I deduct medical costs on my tax return?
New Jersey and the federal government treat medical deductions differently....
08 Feb Will my $80K pension be taxed when I retire?
It's possible you may owe no state income tax at all....
02 Feb Do I have to give my ex half of my home’s value?
Depending on the specifics of a divorce agreement, you could end up in court....
31 Jan I have a joint account with my son. I added $35K. Is tax due?
It's important to understand how gifting rules could come into play....
30 Jan My adult son receives SSI. Should he be a dependent on my tax return?
You'll have a choice to make if he qualifies as a dependent. ...
27 Jan Our co-op bought new windows. Can we get a tax break?
New energy efficient windows can mean tax savings if you qualify....
26 Jan If I convert my 401(k) to a Roth, is it taxed by N.J.?
If you're a senior, you may be eligible for the pension exclusion....