NJ estate tax was repealed as of Jan. 2018. When favorite Aunt Em passed away you expect to inherit without any NJ death taxes. NJ also has an inheritance tax which is alive and kicking. Your inheritance from your aunt is subject to a 15% NJ Inheritance Tax. Follow the yellow brick road for more details:…
ContinueAdded by Pamela Avraham on January 31, 2019 at 12:46am — No Comments
Executors and trustees can make distributions now and save on 2018 steep estate and trust income taxes.
About five more weeks to take advantage of this tax savings possibility before March 5, 2019.…
Added by Pamela Avraham on January 27, 2019 at 11:34pm — No Comments
Confused by the many new tax laws? Let our summary of the deductions for qualified business income, mortgage interest, real estate taxes, and student loan interest assist you. Includes an explanation of the new capital gains tax and gifting provisions. Click here for the summary:
ContinueAdded by Pamela Avraham on January 4, 2019 at 12:36pm — No Comments