TestAs seen in NJMoneyHelp.com/NJ.com, September 20, 2018 Q. How easy or hard is to establish residency in a different state? I believe there are 13 states that don’t tax Social Security or pensions, offering a distinct advantage for retirees. Then some don’t tax income either, like Florida. Should I get out? […]
As seen in NJMoneyHelp.com/NJ.com, August 29, 2018 Q. My parents say I’m the executor of their wills, but they refuse to give me a copy. I don’t want to be nosy but I’m worried about what happens when they die if I don’t have a copy. How can I convince them? […]
Einhorn Barbarito Tax and Estate attorney, Matthew S. Rheingold, quoted on changes taxpayers will see thanks to the Tax Cuts and Jobs Act (TCJA) in this NJ.Com article “Done with your taxes? Nope. Here’s what you need to know now for your 2018 tax return,” May 17, 2019.
Q. I have a question about what constitutes the hard limit of $100,000 of income for the retiree pension exclusion. If my wife and I have a combined income of $120,000 before deductions, but can legitimately deduct $28,000 due to large medical bills and health insurance premiums paid out of […]