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....
11 Dec Is there a table that shows all the N.J. property tax breaks?
A new tax benefit will make it easier to keep track of the options. ...
10 Dec Disabled veteran asks: Are there tax breaks for me?
New Jersey offers several tax benefits for people who have served....
09 Dec If I sell my N.J. condo, will I owe capital gains tax?
Some property sales have tax benefits, while others may cost you. ...
05 Dec I’m selling an investment house. Can I avoid capital gains taxes?
A special IRS rule could help, if you follow the requirements....