Inheriting property or other assets typically involves filing the appropriate tax forms with the IRS. Schedule K-1 (Form 1041) is used to report a beneficiary’s share of an estate or trust, including ...

ROCK HILL, SC / ACCESS Newswire/ April 14, 2025 / Tomorrow, April 15, 2025, marks the IRS deadline for filing key federal tax returns, including Form 1040 (Individual Income Tax Return), 1120 (U.S.

In the year that a taxpayer dies there may still need to be one or more tax returns that are required to be filed after their death. The need for these filings is dependent upon the income that the ...

After a client passes away, there is much more to do than just prepare a final Form 1040, U.S. Individual Income Tax Return. Taking control of the postmortem planning process can be a powerful way to ...

Split-interest charitable trusts are required to file the form required by the Secretary of the Treasury each year. Historically this has been Form 1041-A, Trust Accumulation of Charitable Amounts.

As I sit by my father’s side in Arizona for his final days, thinking of a topic for this week’s article, the impending need for me to prepare an estate income tax return seemed like an appropriate ...

Individuals and many businesses must file tax forms or request an extension from the IRS by April 15, 2025. ROCK HILL, SC / ACCESS Newswire / April 14, 2025 / Tomorrow, April 15, 2025, marks the IRS ...

Individuals and many businesses must file tax forms or request an extension from the IRS by April 15, 2025. ROCK HILL, SC / ACCESS Newswire / April 14, 2025 / Tomorrow, April 15, 2025, marks the IRS ...