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....
16 Aug What happens to tax on a home sold from a trust?
Trusts have a higher tax rate than most individual taxpayers. ...
16 Aug Does 401(k) income count against your Medicare premium?
Premiums are based on your modified adjusted gross income....
13 Aug Should we take Medicare or keep an employer health plan?
It's all about the cost and the coverage. Choose wisely....
13 Aug Could Congress abolish the Roth IRA?
Roth IRAs have come under criticism after a report about millionaires taking advantage. ...
12 Aug What happens to this IRS debt when a person dies?
If the deceased died with no assets, then the IRS is out of luck,...
12 Aug What happens to taxes if I move to Florida and my wife stays in N.J.?
The main reasons people change their resident state are taxes and retirement. ...
11 Aug I need cash. Should I try a reverse mortgage or just move?
As home prices soar, renting could be an option for improving cash flow. ...
11 Aug Can my husband’s ex still get part of his 401(k) and pension?
A court would have to decide based on the marital settlement agreement. ...