13 Oct Is this tax-saving strategy for college savings legal?
College accounts aren't considered charity, so this strategy won't work. ...
13 Oct What happens with taxes while I’m working at home?
If you normally work out of state but now you're home, here's how it works. ...
09 Oct Is there a COVID-19 exception for this real estate deduction?
Before you can take this deduction, you must meet very specific requirements. ...
08 Oct How should I take payouts from my deceased brother’s 401(k)?
The rules for inherited IRA distributions changed going into 2020. ...
05 Oct After divorce, what taxes will I owe on this home sale?
Several issues come into play when selling a home after a divorce....
01 Oct I took money from my 401(k). Can I get back the taxes withheld?
You may have to wait until you file your tax return to reconcile the funds. ...
30 Sep Will my N.Y.S. pension be taxed if I move to N.J.?
The law prevents your pension from being taxed by two states. ...
29 Sep Can I take losses on my stocks and use the standard deduction?
Things have changed since the standard deduction was substantially increased. ...
29 Sep Can I pay church dues through my IRA as a charitable donation?
You can make charitable donations directly from your IRA and save on taxes. ...
28 Sep If I take from my 401(k), what happens with state taxes?
New Jersey does not follow the helpful federal tax rules under the CARES Act. ...