Estates and Trusts Tax Preparation:

Most likely, you’ll be an executor or personal representative of an estate once or twice in your lifetime. It is an overwhelming task to understand which tax filings are needed.

We will help you through the tax process and give you peace of mind as you handle the affairs of the estate or trust.

Standard form:

Income taxed to a trust is reported on Federal Form 1041 (U.S. Income Tax Return for Estates and Trusts)

Categories Tax Return, Consultation

Description

Jones Accounting Associates can prepare tax returns and give suggestions on strategies that focus on tax-efficient allocation of income and principal by trusts and estates, even if you already have a lawyer who is handling the administration of the trust or estate. We collaborate with attorneys to ensure that your estate or trust is being managed in a manner that is most beneficial for your goals and circumstances.