16 Sep This 401(k) withdrawal was wrongly penalized. What can we do?
If the IRS made a mistake, you can fight and win. ...
14 Sep Should I make my shore home my primary residence?
Second homes receive different tax treatment than a primary residence....
10 Sep Will I owe inheritance tax on assets in a trust?
Trusts pay the highest tax rate....
08 Sep When we sell our home, will we owe the exit tax?
The exit tax is really an estimated tax based on your home sale. ...
03 Sep How can I pay the least in taxes on my IRA withdrawals?
Your overall tax situation will determine the best strategy....
02 Sep Can I save to IRAs owned by my adult children?
It's important to make sure they qualify and that they haven't saved, too. ...
01 Sep If I gift my IRA distributions, what are the tax liabilities?
Your IRA distributions will be taxed, but not in every circumstance. ...
30 Aug We are retiring. Do we qualify for the pension exclusion?
More people will be eligible for this tax break in 2021....
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. ...