23 Jul Dad died. How do we figure the taxes on Mom’s home sale?
You may be eligible for a capital gain exclusion when you sell a home. ...
20 Jul What’s the deadline for my next IRA distribution?
People could skip a distribution because of the coronavirus pandemic. ...
16 Jul My friend never filed my taxes for 10 years. What do I do?
You can take steps to make it right with the Internal Revenue Service (IRS)....
16 Jul How much tax will my mom owe on her home sale?
There are several strategies to lower taxes owed on a home sale. ...
14 Jul Do I owe tax on my Florida boat if I take it to N.J.?
New Jersey will allow a credit against the use tax due. ...
12 Jul I have to sell my N.J. vacation home. What taxes are owed?
Non-residents will pay an estimated tax, known as the exit tax, at closing....
07 Jul Can I give money away without it being a taxable gift?
The lifetime gift tax exemption is $11.7 million in 2021....
06 Jul Does it make sense to convert my IRA to a Roth?
Your current and future tax brackets are considerations before you convert. ...
29 Jun Will N.J. charge sales tax on a leased car I purchased?
New Jersey will want to see proof the sales tax was paid. ...
28 Jun Will N.J. tax this pension if I move out of state?
Pensions are only taxable by the state where you live. ...