07 May What happens to SALT deductions if we file separately?
Couples who file taxes separately need to continue several issues. ...
05 May I don’t live with my spouse. How should we file our taxes?
You have options for your tax return if you have not yet divorced. ...
05 May How can I be sure the inheritance tax is paid when I die?
The inheritance tax is based on your relationship to the beneficiary....
04 May Is the $600 unemployment benefit taxable?
Unemployment benefits will be taxed, so plan ahead. ...
04 May How much of my traditional IRA can I convert to a Roth?
A Roth IRA can be a valuable strategy for retirement savings....
01 May Do I need to file taxes for years when I was in prison?
Even those in prison need to pay taxes if they have enough income. ...
30 Apr Will I get this stimulus payment and will I have to give it back?
There is an extra $500 per child stimulus payment for those who are 16 and younger. ...
30 Apr Do I have to take a distribution from my inherited IRA?
Beneficiaries get a break on taking a distribution because of the coronavirus crisis. ...
29 Apr Should I have residency in N.J. or Florida to save on taxes?
Taxes are not the only issue when you choose a state in which to live. ...
27 Apr What kinds of taxes will a trust be required to pay?
Trusts can get hit with the highest tax rates out there. ...