February 13, 2023
The Difference Between Winning and Collecting / Financing Growth with the SBA (Winter 2023)
Contributors: Rich Goldwasser, Joan Berg
Category: Tax Corner
Question: My husband and I recently won the grand prize from my State’s lottery. Can you provide some guidance on how we will be taxed on our lotto winnings?
Yesterday, U.S. Federal Trade Commission announced a proposed new regulation prohibiting non-compete agreements in the workplace and requiring employers to rescind non-compete agreements currently in place.
Question: I have a significant balance in my individual retirement account. Can I use my IRA to purchase real estate? Answer: You can purchase real estate from your IRA. Various requirements...
Question: I am contemplating selling my vacation home which my family uses for personal purposes and also rents to third parties. If I purchase a new vacation home, can I defer the recognition of gain on the sale through a
