09 Sep What taxes do I have to pay on an inheritance from N.Y. resident?
There are several rules when it comes to inheritance taxes. ...
08 Sep Can my wife and I both take from our 401(k)s under the CARES Act?
Under certain circumstances, you can qualify for a penalty-free withdrawal....
08 Sep I was given a gift of $45K. How much do I owe in taxes?
When you receive a gift in New Jersey, you won't owe any taxes. ...
04 Sep My accountant made a mistake. Should I amend my return?
Certain retirement contributions are treated as after-tax on your return. ...
03 Sep How much tax will I owe when I sell my N.J. home?
Taxes owed will depend on your overall financial situation, not just the transaction. ...
02 Sep How can I file my tax returns electronically and for free?
Tax prep companies make it harder to find free filing options. ...
01 Sep I sold a vacation home. Do I owe the exit tax?
The so-called exit tax is really an estimated tax levied on some home sales. ...
31 Aug Do I have to pay back CARES Act withdrawal to the same account?
You have three years to make decisions about these early withdrawals. ...
27 Aug Can I skip my annuity payment in 2020 because of the CARES Act?
The CARES Act has made changes for some retirement account distributions. ...
25 Aug Do I owe penalties on an IRA withdrawal because of coronavirus?
The CARES Act may help if you need to take from retirement accounts....