How Should I File Taxes for My Trust?
By Attorney Dan Vu It's tax season again, and therefore, it's a good time to cover the basic rules on trusts and tax filing requirements. The good news is that your trust may very likely not require any special filings. To determine what filing requirements must be met, a qualified tax professional will first need to determine what type of trust you have. However, beware, many (including some attorneys, CPAs, and accountants!) believe this means that they simply need to know if your trust is revocable or irrevocable. But actually...
Published By: Justia - Thursday, 16 February