30 Aug We are retiring. Do we qualify for the pension exclusion?
More people will be eligible for this tax break in 2021....
Taxes
27 Aug N.J. says I owe more taxes. Should I pay while I fight?
When you fight the taxing authorities, penalties and interest could build. ...
25 Aug Can we take from an IRA now and then skip future years?
Before age 72, you're not required to take an IRA distribution. ...
23 Aug Who pays capital gains tax on this stock sale?
There is a step-up in basis for stocks when the owner dies. ...
23 Aug What happens with taxes when I get Social Security and work?
Social Security might be taxable in retirement depending upon your income....
18 Aug Is there a gift tax if I sell my car for $1?
New Jersey doesn't have a gift tax, but the feds do. ...
17 Aug I retired. Why was money from unused sick days taxed?
Any earned income is taxable at ordinary income rates,...
17 Aug Is money given to grandchildren subject to gift tax?
There are several ways to gift money without having a taxable event....