As published by Time.com, August 11, 2021 By: Mercedes Barba What Is a Qualified Opportunity Fund? A qualified opportunity fund is an investment strategy in which investors receive significant tax breaks on capital gains earned from selling stocks or other assets. Qualified opportunity funds were created from the 2017 with the Tax Cuts […]
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Related Attorney: Gary R. Botwinick
Gary R. Botwinick Quoted In NJ.com Article, “What Tax Is Owed On The Sale Proceeds Of An Inherited Home?”
March 10, 2021As published by NJ.com By Karin Price Mueller | NJMoneyHelp.com for NJ.com Q. My father’s home in Florida was sold under an irrevocable trust, of which I am one of four beneficiaries. What federal and New Jersey taxes will apply? I have received a federal 1099 for the amount of […]
Gary Botwinick Responds To NJMoneyHelp.com Query, “Can I pay church dues through my IRA as a charitable donation?”
September 29, 2020As published by NJMoneyHelp.com. Q. Is it considered legal to use a Qualified Charitable Distribution (QCD) from an IRA to pay your annual church dues? I know someone who says she does this annually but I wondered if it is legal in the eyes of the law? — Curious A. […]
Gary Botwinick Quoted In NJ.com Article, “If an executor is uncooperative and hostile, what can I do?”
August 19, 2020As published by NJ.com, August, 18, 2020 By Karin Price Mueller | NJMoneyHelp.com for NJ.com Q. What can I do if the executors and trustees are uncooperative, non-communicative, and hostile? A. Executors and trustees are fiduciaries. A fiduciary is defined in Black’s Law Dictionary as “a person having duties involving […]
