Can passive losses only offset passive income, and are there exceptions to this rule, such as the $25,000 allowance for real estate professionals or those with modified adjusted gross income (MAGI) under $100,000?

October 16th, 2023

I worked in Canada for 11 years and in the US for 18 years. I would like to maximize my retirement pension from both countries. I am concerned about the Windfall Elimination Provision (WEP) and how it might affect my Social Security benefits. Additionally, I am wondering about my eligibility for the Canadian Old Age Security (OAS) pension and if I qualify for any benefits from my ex-spouse's pension. I also want to know if I have to pay taxes on my Social Security or Canadian Pension Plan (CPP) income and when the soonest I can retire from both countries.

December 11th, 2023

I am seeking to hire a lawyer to apply for Medicaid for my elderly father who is in short-term rehab. He has made transfers to his girlfriend/partner of 50 years, which may affect his Medicaid eligibility. What should I look for in a lawyer, and what can I expect from the process?

December 18th, 2024

For a managed account where the owner passed away, how does the step-up basis work and how are taxes handled when the positions are sold and the proceeds are moved to the beneficiaries' accounts?

February 23rd, 2024

I am moving from Washington state to New York for a year. I have a permanent residence in Washington and my employer is based in New York but has operations in multiple states. I was hired as a remote employee based in Washington state. Can I avoid paying New York state income taxes while I am physically in New York, given that I still have a permanent residence in Washington and my payroll is currently assigned to Washington state, which does not have income tax?

September 29th, 2023