I’ve Been Scammed

I’ve Been Scammed

With luck, those words will never leave our mouths.  The sad truth, though, is that crooks are getting smarter and it’s really hard to know what nefarious scheme they will come up with next.  If you find yourself a victim, can you claim any kind of tax deduction for...
Medicaid and the Principal Residence

Medicaid and the Principal Residence

If you’re a homeowner, your house is likely one of your most valuable assets—both financially and emotionally. However, if you require long-term care, such as a nursing home stay, and rely on Medicaid to cover the costs, New Jersey may place a lien on your home...
Shareholders Running Afoul of the IRS

Shareholders Running Afoul of the IRS

Many small businesses are taxed as S corporations because of tax benefits, such as the ability to avoid corporate tax on certain business earnings. Unlike C corporations, S corporations generally do not pay federal income taxes at the corporate level. Alternatively,...