By Zachary Magaha | Published August 30, 2017 | Posted in Trust & Estate Administration | Tagged Tags: estate administration, IRS, tax issues with probate |
What Involvement Does the IRS Have in the Probate Process? When a person who owns property dies, there are certain tax-related consequences. First, the decedent’s tax year immediately comes to an end for the purposes of filing the federal income tax return. The death also establishes a new tax entity in the decedent’s estate, for Read More
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