As published by NJ.com, August 18, 2021 By: Karin Price Mueller Q. I have a leased vehicle that I will purchase. Upon completion, I want to transfer the title to my daughter and or sell her the vehicle for $1. Are there any gift tax implications? — Dad A. We’re […]
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 […]
As published by NJBIZ, April 12, 2021 By: Marty Daks Matthew Rheingold — a partner at the law firm of Einhorn Barbarito, Frost & Botwinick PC, where his focus includes wills, trusts and estates, and taxation — said he’s working with many clients “to prepare basic documents like trust agreements now, although […]
As 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 […]
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