04 Dec What happens to tax credits now that our home is in a trust?
There may be unintended consequences by putting a house in a trust. ...
02 Dec When I sell my N.J. rental home, can I buy in Florida and defer taxes?
If you try a 1031 exchange, make sure to work with experienced professionals. ...
02 Dec Can I count improvements twice for cost basis when I sell my home?
You can't double-dip when it comes to home improvements and capital gains taxes. ...
30 Nov Our primary home became a rental. What taxes will we owe when we sell?
Taxes owed on a home sale will depend on the history of your ownership....
30 Nov Will we lose unused day care funds in our flex spending account?
Strategies for "use it or lose it" plans were upended because of the corornavirus pandemic. ...
27 Nov My aunt’s estate is getting 9/11 fund check. Are taxes owed?
An estate tax return is usually due eight months after a person's death....
25 Nov Will this pension be tax-free with a move to N.J.?
If you have income of less than $100,000, it may be free of tax. ...
24 Nov Will my college student need to file a tax return?
There may be tax consequences if you get a generous scholarship. ...
20 Nov We are separated. How should we file our tax return?
Before a divorce, there are choices when it comes to filing a tax return. ...
19 Nov What happens to my 401(k) loan now that I left my job?
Loans from a 401(k) usually have to be repaid if you leave your job. ...