Estate planning is a vital component of financial management, ensuring that your assets are protected, your wishes are honored, and your loved ones are taken care of when you can no...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 09/30/2023
Filing an income tax form for a deceased person is a requirement that must be fulfilled by the executor of the deceased person's estate. The executor is responsible for filing...
Posted by Rosovich & Associates, Inc. on 05/31/2023
The executor, most of the time, is charged with filing the state and federal income tax return for the deceased at the year of death. The surviving spouse is responsible if they file...
Posted by Karen Munoz, EA on 12/10/2021
When you lose a loved one, taxes may be the last thing on your mind. But the task of filing the final tax return for a deceased person may fall on a relative or a friend.If you are...
Posted by Cypress Tax Solutions on 01/19/2021
Health Coverage Tax Credit is a federally funded program designed to assist people certified as displaced workers by the United States Department of Labor, and those who are over 55...
Posted by Don Bell Law on 06/22/2020
Gross estate is the totality of the dollar value of an individual's estate and assets at the time of death. The gross amount of equity does not reflect liabilities such as debts...
Posted by Global Accounting on 04/09/2019
There are things that are inevitable, some of them are death and taxes. As a loved one bid goodbye from mortality, his liability from this world remains that would be the responsibility...
Posted by Global Accounting on 03/01/2019
Estate & gift tax generally is the matter of federal government. It is on the property transfer from one person to second person. It might happen either at the death (the estate...
Posted by Flynn Financial Group Inc on 10/26/2018
After death of a person, the administrator and executor of a deceased person should deal with their property and money. They have to pay debts and taxes of a dead person. The executor...
Posted by P Sinaly CPA PC on 05/21/2018
