Estate Tax Planning and Preparation

Our CPA firm has many years of experience providing tax planning to estates and trusts as well as their beneficiaries to help minimize income taxes.  We provide an integrated strategy and a comprehensive plan that coordinates the actions of all relevant parties to achieve the biggest tax savings possible. Our plan will consider many options for minimizing estate taxes including deciding what assets to distribute and to whom, whether to liquidate assets, what investments to consider and more.

In addition, we have extensive experience preparing personal and fiduciary tax returns, gift tax returns and estate tax returns for many families and individuals.

Tax services include:

• Preparing all tax documents for estate and trust
• Estate and income tax compliance
• Estate tax returns - Form 1041
• Gift tax returns - Form 709
• Fiduciary tax returns
• Prepare income tax returns for individuals and beneficiaries
• Ongoing tax planning for estate and trust
• Cash flow reports and budgets
• Filing quarterly deposits of estimated taxes
• Payroll and payroll taxes for household employees
• Audit representation
• Account reconciliation with banks, investment brokers, etc.
• Investment tracking for tax purposes and capital gains/losses
• Preparing a schedule of property

Call Mark Feinsot today at (212) 631-0320 to discuss your estate tax planning and tax preparation needs.