Are Executor Fees Deductible on Form 1041?

Are Executor Fees Deductible on Form 1041?

A trust’s or estate’s executor might be a family member, who takes on pro bono management of income-producing assets following an individual’s death. They might take on this role out of love or affection for the decedent.

Apr 12, 2024

Can a Beneficiary Stop the Sale of a Property?

Can a Beneficiary Stop the Sale of a Property?

Here is a fascinating, and all-too-common scenario.

Apr 11, 2024

Is Rental Income Subject to Self-Employment Tax?

Is Rental Income Subject to Self-Employment Tax?

Even Albert Einstein struggled to understand income taxes, famously stating, “The hardest thing in the world to understand is the income tax.”

Apr 10, 2024

What Are the Benefits, Cons, and Limitations of Modern Portfolio Theory?

What are the Benefits, Cons, and Limitations of Modern Portfolio Theory?

It’s been said before: There is no risk-free investment. But many investors want to limit investment risk, while hoping to generate a decent return. One attempt to balance investment risk and reward is Modern Portfolio Theory, or MPT. The idea behind MPT is that it is possible to provide investor-targeted returns, by accepting an optimal amount of risk.

Apr 9, 2024

How Do Companies Pay Capital Gains Taxes?

The Tax Cuts and Jobs Act (TCJA) of 2017 made some major changes to how corporations pay taxes.

Apr 4, 2024

Who is Exempt From Paying Capital Gains Tax?

Who is Exempt From Paying Capital Gains Tax?

Most real estate investors are quite familiar with capital gains taxes – but you may be able to exclude this tax when selling your primary residence.

Apr 3, 2024

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