Tax News
An Executor's Guide to Taxes, Part 2
With all the tax considerations of being an executor, it’s a best practice to consult with a CPA to determine the scope of the estate’s tax-related obligations. From there, you may find it helpful to engage a CPA for any needed tax filings and tax-related advice as you administer and close the estate.
An Executor’s Guide to Taxes
Administering an estate can be a daunting and tiring task. It’s likely something you’ve not done before and may never be called on to do again. Among the many duties you have is making sure taxes for the deceased and the estate are in good order before closing the estate. This can be overwhelming as thinking about your own taxes can be scary enough! Here we’ll discuss considerations around this aspect of your fiduciary obligation.