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This week's feature article is:
"How Estates Can Reduce a Double Death Tax on Decedents’ Income"
Excerpt (from actual article):
"If one thing is anathema to taxpayers and their advisers, it’s paying tax twice on the same income. Sometimes, they’ll twist themselves and the Tax Code into a pretzel to avoid it. Other times, the relief they seek is hiding in plain sight.
Such is the case with the deduction for federal estate tax on income in respect of a decedent, which simply is income that is earned before death but paid after death. It’s taxed to whoever receives it. In some cases, an estate will be the recipient; in others, it may be a designated beneficiary."
You can read the article by clicking
HERE.
Last week's feature article was:
"More Americans are dealing with tax filings for trusts as older boomers pass away"
You can read last week's eNewsletter by clicking HERE.
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