02.25.21

What should a taxpayer do if unable to pay the IRS timely?

While any unpaid tax balance is subject to interest and penalty until fully paid, the IRS does offer payment options to taxpayers.

Category Trusts And Estates

02.23.21

Estate planning: A will versus a trust

Knowing the difference between a will and a trust can help you craft your intended estate plan.

Category Trusts And Estates

02.22.21

What are capital gains and losses?

When you sell a capital asset you typically generate a capital gain or loss, but how are they calculated and what are their tax implications?

Category Trusts And Estates

02.09.21

Does non-U.S. income need to be reported on a U.S. income tax...

Non-U.S. income must be reported on your U.S. income tax return.

Category Trusts And Estates

01.29.21

How can I request a transcript or W-2 copy from the IRS?

If you are missing a tax document, here is how to get a copy from the IRS.

Category Trusts And Estates

01.28.21

Filing 2020 income tax returns electronically is the way to go

With an unprecedented backlog of 2019 tax returns at the IRS, taxpayers should file their 2020 returns electronically.

Category Trusts And Estates

01.25.21

Documents you will need to prepare your income taxes

Now is the time to start gathering the documents that you will need to prepare your income tax returns.

Category Trusts And Estates

01.19.21

Numbers, numbers, numbers — 2021

Here is a helpful reference guide for 2021 tax and estate planning numbers, with 2020 comparative numbers.

Category Trusts And Estates