When Should a Date of Death Appraisal Be Done?
Learn how a date of death appraisal fits into estate settlement, from tax deadlines and heir needs to which assets require one and choosing an appraiser.
Does Changing a 529 Beneficiary Trigger Gift Tax?
Learn how changing a 529 beneficiary interacts with gift tax, from tax-free swaps to situations that trigger gift or income tax consequences.
Haven’t Filed Tax Returns for Years? Penalties and Payment Plans
Learn what to do if you haven't filed taxes in years, from catching up on old returns to handling penalties and setting up payment options with the IRS.
How to Calculate a Food Donation Tax Deduction Per Pound
Learn how a food donation tax deduction per pound is calculated, from setting values and basis to annual limits, documentation, and overstatement risks.
What Is an Administrative Trust? Trustee Duties, Taxes, and Timeline
Learn how an administrative trust works after a grantor dies, from trustee duties and tax obligations to closing the trust and distributing assets.
Does a Marital Trust Have to File a Tax Return?
Learn how marital trust tax filing works, from when a return is required and who owes the tax to trustee duties, deadlines, and income distribution rules.
Excess Benefit Plan: ERISA Exemption, 409A Rules, and Taxation
Learn how an excess benefit plan works for executives, from its ERISA treatment and tax rules through employer funding, reporting, and insolvency risks.
What Is the Estate Tax Exemption for a Noncitizen Spouse?
Learn how the estate tax exemption for a non-citizen spouse works, from why the marital deduction disappears to QDOTs and ways to reduce the tax.
What Can a 1099 Truck Driver Write Off on Taxes?
Learn what a 1099 truck driver can write off on taxes, from truck and travel costs to business expenses, retirement, and the records that back it up.
What Are Average Audit Fees for Private Companies?
Learn how average audit fees for private companies take shape, from pricing drivers and billing to whether you need an audit and ways to reduce costs.