Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary public, ...

The IRS recently issued a revised Form 5227, Split-Interest Trust Information Return, for use in preparing returns for tax years beginning on or after Jan. 1, 2007. Among its numerous changes, the ...

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.

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 ...

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 ...

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 ...

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 ...