HELP FOR EXECUTORS OF ESTATES OR PERSONAL REPRESENTATIVES
Executors of Estates - As the executor of an estate (or personal representative of a decedent), you are responsible for the disposition of the assets and liabilities of the decedent. Gardner Estate & Trust CPA can assist with such things as:
Death and Taxes - The two certain things in life. Unfortunately, death does not bring the end of taxes. The legal representative of the decedent is responsible to file all tax returns and pay the taxes due. If the assets are distributed before the taxes are paid in full, the IRS will assess the taxes directly against the executor. We protect you by:
- Filing tax returns for the estate, trusts and decedent
- Reviewing tax strategies available
- Funding trusts or distributing assets
Death and Taxes - The two certain things in life. Unfortunately, death does not bring the end of taxes. The legal representative of the decedent is responsible to file all tax returns and pay the taxes due. If the assets are distributed before the taxes are paid in full, the IRS will assess the taxes directly against the executor. We protect you by:
- Determining if prior year tax returns must still be filed
- Determining if there are unpaid taxes
- Limiting the time the IRS has to process the returns
- Limiting the time the IRS can collect against the executor
- Finding the income which must be reported