03 Mar How do I transfer this 401(k) to an IRA without a tax impact?
When you have an account with a Roth component, it will take several steps. ...
02 Mar Do I have to pay taxes on my disability income?
Taxation will depend on the source of the disability income. ...
01 Mar When do I have to empty this inherited IRA?
The SECURE Act has changed how inherited IRA distributions are timed. ...
01 Mar I’m a landlord. Can I deduct these expenses?
There are certain deductions you can take for your rental property. ...
26 Feb How is tax paid when an estate is the beneficiary of an IRA?
More will go to taxes when an estate is a beneficiary....
25 Feb We are in our late 70s. Should we convert our IRAs to a Roth?
There are many advantages to converting a traditional IRA to a Roth. ...
25 Feb Do I have to pay sales tax on a car that was gifted?
You may need to pay sales tax to the state of New Jersey. ...
23 Feb Can I use company stock to pay back a 401(k) COVID withdrawal?
If you pay back the money, you won't have any tax liability. ...
22 Feb How will our N.Y.C. pensions be taxed if we move to N.J.?
You could pay no taxes in New Jersey, as long as your income isn't too high. ...
18 Feb My mom added us to her deed and then died. Do we owe taxes?
You may received a step-up in basis when you inherit a home. ...