If you had a loved one who died last year, you may be faced with the need to file taxes for an estate or a trust. When a ...

Individuals and sole proprietors who are not ready to submit Form 1040 can file Form 4868 to receive an automatic 6-month extension. C-Corporations and LLCs taxed as corporations can file Form 7004 to ...

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 ...

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.

More Americans are dealing with estate and trust taxes as their baby boomer parents and older loved ones pass away. The number of income tax returns for estates and trusts (Form 1041) increased by ...

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 ...